Trading Analysis for XAUUSD
15/07/2024

Gold prices have shown significant bullish momentum, approaching the key psychological level of $2,400. This recent performance is largely driven by a combination of geopolitical uncertainties, dovish signals from the Federal Reserve, and a weakening US dollar.

Trading Analysis for EURUSD
15/07/2024

The EUR/USD pair has been attempting to gain momentum, closing last week slightly above the 1.0900 level. This performance was bolstered by a combination of factors, including weaker US inflation data which reduced the likelihood of aggressive Federal Reserve rate hikes.