Forex: XAU/USD could go upside
Yesterday, the XAU/USD exchange rate dropped to the lower boundary of the short-term ascending channel at 1,280.00. During today’s morning, the rate reversed north. Given that gold is supported by […]
Yesterday, the XAU/USD exchange rate dropped to the lower boundary of the short-term ascending channel at 1,280.00. During today’s morning, the rate reversed north. Given that gold is supported by […]
Will a possibly imminent US-China trade agreement exacerbate global business cycles or even plant the seeds of the next Asian financial crisis? If the eventual agreement – assuming there is […]
On Wednesday, the GBP/USD exchange rate tested the support level—the weekly S1 at 1.3027. During today’s morning, the rate surpassed the given support. Given that the currency pair is pressured […]
Turkey’s central bank has caused consternation amongst analysts and investors after admitting that much of its publicized currency reserve figures are held in short-term swap contracts. Turkey published foreign currency […]
The New Zealand Dollar has revealed a new junior ascending channel pattern against the US Dollar. The channel pattern guided the currency pair towards the upper boundary of a dominant […]
During Wednesday’s session, the yellow metal was supported by the 55-hour simple moving average to end the day at 1,290.00. On Thursday, the 55-hour and the 100-hour SMAs supported the […]
During Wednesday’s trading session, the yellow was resisted by the 200-hour simple moving average to pass through the previously drawn pattern line to end the day at 1,305.00. On Thursday […]
Financial markets in Turkey have experienced a fresh period of turmoil, putting the country’s recovery from recession at risk and raising questions over the health of emerging markets as the […]