XAUUSD | Spot Gold 500 oz Rate in the Forex market

Bitcoin has already slipped to the $64,000 level and shows no sign of stopping there today. Ethereum is trading at $1,880, below the psychological $1,900 level. While the cryptocurrency market...

The euro and the British pound performed very well today using the Mean Reversion strategy. I traded the Japanese yen using the Momentum strategy. The yen strengthened sharply against...

The price test at 1.1487 coincided with the moment when the MACD indicator was just starting to move up from the zero mark, confirming it as a valid entry point...

The dollar continued its active sell-off against risk assets, particularly suffering against the yen, where the central bank carried out significant currency intervention. Yesterday's reports from the US indicated...

There are very few macroeconomic reports scheduled for Friday. In the UK, there are no interesting events today. At the same time, the Eurozone will release an important inflation report...

The GBP/USD pair also showed confident growth throughout Thursday, driven by the Bank of England's stance and a disappointing US GDP report for the second quarter. Essentially, yesterday sent...

The EUR/USD currency pair continued its upward movement during Thursday's trading, driven by objective and compelling factors. Firstly, the Federal Reserve disappointed the currency market with a stance that...

The EUR/USD currency pair continued its movement from Wednesday for most of Thursday. Recall that on Wednesday evening, the FOMC meeting took place, during which traders once again heard...

On Thursday, the Bank of England held its fifth meeting of the year, and for the sixth consecutive time, the interest rate remained unchanged. At the last meeting (when inflation...

XAU/USD is in a crucial phase where structural demand for gold from central banks and concerns about de-dollarization collide with short-term risks of a tightening of the Fed's monetary policy...