#Daily GOLD Forecast – 10.5.2024An additional sign indicating a potential uptrend in XAU/USD quotes would be the examination of the support line on the relative strength index (RSI). Furthermore, a breakout from the upper boundary of the "Wedge&#...
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FX Updates: Brazilian Real Depreciates by 1.01%Top currency losers are Brazilian Real (-1.01%) and Dollar Index (-0.31%). Gains are led by Mexican Peso (0.77%), Australian Dollar (0.68%) and Polish Zloty (0.65%). In addition, there was a slight chang...
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Brazil Cuts Rates by 25 bpsThe central bank of Brazil lowered its key Selic rate by 25 bps to 10.5% in its May meeting, as widely expected. The Committee unanimously assesses that the uncertain global scenario and the domestic scenario marked by resi...
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Gold is trying to recover from the losses of the last session and is clearly rising Gold prices were able to rise during trading on Wednesday, as the precious metal is trying to recover from the losses it incurred in the last session, which am...
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FX Updates: Norwegian Krone Drops by 0.68% Top currency losers are Norwegian Krone (-0.68%), British Pound (-0.44%) and Canadian Dollar (-0.43%). In addition, there was a slight change on Dollar Index (0.23%), Japanese Yen (-0.3%) and Euro (-0.13%)....
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Oil rises after Israeli strikes on Rafah and the continuation of truce talksOil prices rose on Tuesday, May 7, after Israel bombed the city of Rafah in Gaza, while negotiations on a ceasefire with Hamas continued without reaching an agreement.Brent c...
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Saudi Arabia raises the official selling prices of crude oil to its customers in AsiaAccording to what was reported by Bloomberg News Agency, the Kingdom of Saudi Arabia raised the prices of oil destined for its customers in Asia for the third month ...
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📚 Educational Post: 📈 Price Action Signals and Trends⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀💾 Save for future reference ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀Price Action paints the picture on the charts. The candles represent the collective opinions and psychology of all...
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