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Gold Price Forecast: XAU/USD bears aim $1,720 as US dollar reigns

by admin   ·  August 22, 2022   ·  
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On Monday, the gold price continued its downward trend, which is now on its sixth consecutive day. The US dollar maintains its uptrend as investors become more risk averse in ...

4 Global Market Updates-22 August, 2022

by admin   ·  August 22, 2022   ·  
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In this article, we have covered the highlights of global market news about the Euro and USD- MUFG, EUR and GBP, EUR/USD and GBP/USD - DBS Bank, and EUR/USD -ING. EUR/USD: Parity ...

4 Global Market Updates-20 August, 2022

by admin   ·  August 20, 2022   ·  
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In this article, we have covered the highlights of global market news about the XAG/USD, Bitcoin/Ethereum, Australian Dollar, and Canadian Dollar. XAU/USD: Forecast for Gold and Silver Prices Not promising at all With the USD rising, ...

Bitcoin (BTC/USD) and Ethereum (ETH/USD) exchange rates. Technical Forecast

by admin   ·  August 19, 2022   ·  
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Within the framework of the ongoing unwinding of speculative excesses, BTC/USD is coming off the top of a channel that is taking on the character of a bear-flag formation. This ...

How to Use PPI in Foreign Exchange Trading?

by admin   ·  August 19, 2022   ·  
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Due to its signaling impact on anticipated future inflation, PPI is a significant piece of economic data. Due to the strong correlation between inflation and interest rates, traders in the ...

4 Global Market Updates-19 August, 2022

by admin   ·  August 19, 2022   ·  
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In this article, we have covered the highlights of global market news about the USD/CAD, GBP/USD, NZD/USD, and EUR/USD. The USD/CAD is approaching 1.3000 as yields boost the DXY and oil eases ahead of ...

USD/CAD below 1.2900 post-US data, downside looks mitigated

by admin   ·  August 18, 2022   ·  
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Over a week, the high reached on Thursday was reversed intraday for USD/CAD. Despite a slight USD decline, rising oil prices support the Canadian dollar and put pressure on it. Positive ...

Crude Oil Price Reverses Three-Day Drop as US Crude Inventories Fall

by admin   ·  August 18, 2022   ·  
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Following a greater-than-anticipated drop in US stockpiles, oil prices have stopped falling for three days. Crude may stage a stronger comeback in the days to come as it breaks the ...

4 Global Market Updates- 18 August, 2022

by admin   ·  August 18, 2022   ·  
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In this article, we have covered the highlights of global market news about the EUR/GBP, USD/CAD, AUD/USD - Danske Bank, and USD/CNY - Commerzbank. EUR/GBP Price Analysis: Crosses Important Obstacle of 0.8460, Eyed Monthly ...

Gold slips to 1-1/2 week low, below $1,770 before FOMC minutes

by admin   ·  August 17, 2022   ·  
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On Wednesday, gold draws new selling in the $1,782 area, declining for a third consecutive day. Through the early North American session, the intraday selling trend persisted unabatedly, pushing the ...

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USDCAD

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USDJPY

Neutral
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EURUSD

Neutral
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USDCHF

Neutral
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Strong sellStrong buy
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GBPUSD

Neutral
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Please read our legal disclaimer.

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