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November 8, 2024

AUD/USD Mid-Day Report

AUD/USD’s break of 0.6644 resistance indicates short term bottoming at 0.6511, on bullish convergence condition in 4H MACD, after drawing support from 61.8% retracement of

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November 8, 2024

Silver Price Outlook – Silver Continues to See Supportive Action

The silver market was slightly bullish on Thursday, as the market waits for the FOMC interest rate decision. This of course will have a lot

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November 8, 2024

USD/CAD Price Forecast: Corrects below 1.3900 as traders brace for

The USD/CAD pair corrects below the round-level figure of 1.3900 in Thursday’s North American session. The Loonie pair drops after rallying on Wednesday as the

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November 8, 2024

EUR/JPY Price Prediction: Unspooling a consolidation phase within a bull

EUR/JPY is still unwinding a consolidation phase within a short and medium-term uptrend. Given the technical analysis maxim that “the trend is your friend”, however,

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November 8, 2024

Gold Price Outlook – Gold Continues to See Supporters Heading

The gold market continues to see a lot of noise, but at this point in time, the market looks like it is trying to rally

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November 8, 2024

Gold Price Forecast: Reversal or Pullback?

Gold prices were smashed on the night of the election, similar to what showed in 2016 when the US Dollar posed a stark turn-around on

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November 8, 2024

Gold and USD Index Under Trump’s Presidency

And no, I don’t mean Trump’s presidency, but that’s true as well. I mean the rally in the USD Index and the declines in the

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November 8, 2024

EUR/GBP Price Analysis: Bearish pressure rises , cross further below

The EUR/GBP pair has been under pressure in recent sessions, breaking below its 20-day Simple Moving Average (SMA). This move has pushed the pair to

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