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.
Trading Analysis for XAUUSD
08/07/2024
Gold prices have been on an upward trajectory, hitting multi-week highs as market sentiment shifts due to various economic and geopolitical factors.
Trading Analysis for EURUSD
08/07/2024
The EUR/USD pair edged higher and managed to close above the 1.0800 level last week. This movement was influenced by the US Dollar staying on the back foot after the US Independence Day holiday and ahead of crucial US labor market data.
Trading Analysis for EURUSD
01/07/2024
The EUR/USD pair gained traction following last week’s rebound from the 1.0665 region, lifting to the 1.0760 area, the highest in two weeks.
Trading Analysis for XAUUSD
01/07/2024
Gold prices have been oscillating around key levels, struggling to break through significant resistance points. Last week, the price of gold failed to capitalize on the weaker US dollar following the release of the Personal Consumption Expenditures (PCE) inflation data.
Trading Analysis for XAUUSD
25/06/2024
Gold prices have seen renewed interest from buyers amid hopes of Federal Reserve rate cuts and safe-haven flows. Despite the Fed’s hawkish stance, which suggested only one rate cut in 2024, markets are still pricing in the possibility of two cuts this year due to signs of easing inflationary pressures.
Trading Analysis for EURUSD
25/06/2024
The EUR/USD pair experienced significant volatility over the past week, trading around the 1.0700 mark. Weak German sentiment data and disappointing PMI figures from Germany and the Eurozone put pressure on the Euro.
Trading Analysis for XAUUSD
17/06/2024
Gold prices have been experiencing significant volatility, marked by a recent failure to maintain a bullish breakout, leading to a sharp sell-off.
Trading Analysis for EURUSD
17/06/2024
The EUR/USD pair is poised to start the week on a cautious note, consolidating around the 1.0700 level. Investors remain on edge due to ongoing uncertainties in the Eurozone, particularly the political instability in France, which continues to weigh heavily on the Euro.
