Gold Price Tracking US Dollar Fluctuations Market Update: The gold price is closely mirroring the changes in the US Dollar on Wednesday. Despite the fluctuations, gold is holding steady in the $2,020s during midday trading. The price of gold has swung between a low of $2010.09 and a high of $2032.11 so far today. The…
The AUD/USD Pair Faces Selling Pressure Overview: The AUD/USD pair is experiencing heavy selling pressure on Wednesday, continuing the retracement slide from the recent high near the 0.6800 mark. Despite this, spot prices have managed to slightly recover from the daily low and are currently trading around the 0.6700 round figure during the early North…
The GBP/USD Pair: Riding High in the European Session What’s Happening? The GBP/USD pair is currently in a tight trading range in the early part of the European session. It is consolidating its recent gains and sitting at its highest level since June 2022, which it reached just the day before. The pair is hovering…
USDJPY Elliott Wave Update April 5th, 2023 The bulls’ initial attempt to lift USDJPY higher at the start of this week proved unsuccessful and the pair is now trading in negative territory. Is this a dip-buying opportunity or the beginning of a bigger selloff? Read in our latest Elliott Wave update. The USDJPY pair started…
Gold Price Struggles to Find Direction XAU/USD Shifts Above $2,020.00 The price of gold (XAU/USD) has been struggling to find any clear direction after shifting its auction above $2,020.00 in the Asian session. This lack of momentum has left investors wondering where the precious metal will go next. Sideways Performance Expected Experts believe that gold…
Defusing Your Feelings and Conquering Your Emotions How to control emotions while trading? In the heat of the moment, when you experience a sudden rush of emotion (fear, excitement, joy), it’s easy to let that emotion take control. Overcome by feelings, our analytical minds shut off, and we fall into the full power of emotions….
Get Ready for New Highs: NVDA’s Weekly Blue Box May Be the Key! Hello Traders, In this article, we will analyze the Weekly cycle of NVDA. Everyone more or less is familiar with the company. Nvidia Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It is a…
Charmingly Eccentric: Exploring the EUR/USD Pair The Market on the First Tuesday of April As we delve into the world of trading, we find the EUR/USD pair hovering near the 1.0900 level on this particular Tuesday in April. It’s a day filled with anticipation and speculation as investors closely watch the latest movements in the…
