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Trading Analysis for XAUUSD
08/10/2024

Gold (XAU/USD) has faced renewed selling pressure as stronger U.S. labor market data and a robust U.S. dollar have outweighed safe-haven demand. Despite ongoing geopolitical tensions, the gold price has struggled to maintain momentum, closing near $2,650. The stronger-than-expected U.S.

Trading Analysis for EURUSD
08/10/2024

The EUR/USD pair faces growing bearish pressure this week, currently trading near 1.096 as the U.S. dollar gains strength. U.S. Non-Farm Payrolls surprised the market with a strong 254,000 jobs added, further boosting the greenback.

Trading Analysis for BTCUSD
08/10/2024

Bitcoin remains in a range-bound trading pattern, moving between $62,000 and $67,000, with significant inflows into Bitcoin-related ETFs maintaining bullish sentiment. Institutional investors are taking note of these inflows, signaling that despite market volatility, underlying demand remains strong.

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