XAU/USD bounces despite pre-Fed worries; monitor levels – Confluence Detector
Caonfluence Detector's Gold Price Forecast: XAU/USD bounces despite pre-Fed uncertainties, key levels to keep an eye on. It is generally anticipated that the Federal Reserve would raise the key interest rates by 75 basis points (bps) at their meeting in…
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4 Global Market Updates- 27 July, 2022
In this article, we have covered the highlights of global market news about the USD, XPT/USD, Natural Gas and XAU/USD. US Dollar Index seems to be given around 107.00 before FOMC. With the FOMC event scheduled for later in the NA session, the index…
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THE RECOVERY FROM A FOREX DRAWDOWN
Drawdown is the term used to describe the process of losing money while playing a game. Losses in the foreign exchange market are unavoidable and will happen to every one of us at some point; the question is, what is…
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Euro in Danger Amid Italian Elections: Will Russia Terminate Nord Stream 1?
PIPELINE FOR NORD STREAM 1As the effects of the crisis in Ukraine continue to spread throughout the European continent, natural gas futures prices have been rising. Recently, the operator of the Nord Stream 1 pipeline in Russia, Gazprom, cut natural…
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4 Global Market Updates- 26 July, 2022
In this article, we have covered the highlights of global market news about the XAG/USD, AUD/USD, USD/RUB and GBP/JPY. Analysis of the XAG Price: XAG/USD holds gains towards the mid-$18.00s but is still in trouble. On Tuesday, XAG began to trend upward and, at…
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