Gold Price Forecast: XAU/USD Plummets Amid US Dollar Demand
The price of gold has fallen sharply and hit a two-week low, with XAU/USD trading at around $1,970, down 1.75% for the day. The fall in the price of gold has been driven by resurgent demand for the US dollar,…
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USD/CAD Reaches the Top: Oil Drops, USD Surges
The USD/CAD pair is making some serious waves, riding high at around 1.3425 during the first half of the European session. What's driving this impressive surge? A combination of factors, including falling oil prices and a stronger USD, are lifting…
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AUD/USD Pops Like Champagne Cork on Hawkish RBA and Upbeat Chinese Data!
The AUD/USD pair is trading with a positive bias on Tuesday and finds support from various factors. The hawkish stance from the Reserve Bank of Australia (RBA) and the upbeat Chinese economic data are providing a boost to the Australian…
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Get Ready to Ride the Bull: UOB Group Experts Target 134.80 for USD/JPY
Forex experts at UOB Group, including Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, have identified a bullish trend in the USD/JPY currency pair, with upward momentum targeting the 134.80 level. In their 24-hour view, the UOB…
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Top 7 Technical Indicators You Need to Know for Successful Forex Trading in 2023
Are you ready to take your forex trading to the next level in 2023? Then you need to know about the top 7 technical indicators that successful traders use to maximize profits and minimize risks. Technical indicators are tools that…
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