XAUUSD | Spot Gold 500 oz Rate in the Forex market

On Monday, EUR/USD reached a new high for August, advancing to the 200-day EMA and 100-day SMA resistance levels. The pair appears poised for further gains amid broad-based weakness...

The British pound is expected to complete its bullish phase during the coming week. Once the projected resistance zone is reached, a reversal is likely to form, followed...

There are not many macroeconomic publications scheduled for Monday. The only notable release is the ISM Manufacturing Index for the U.S. in July. Other reports are expected to have little...

The GBP/USD pair also showed both a correction and trend growth on Friday. There were no major events in the UK and the U.S. on that day, and the geopolitical...

On Friday, the EUR/USD currency pair managed to both correct and resume a new upward trend. In the first half of the day, the market...

The EUR/USD currency pair initially traded lower on Friday, then resumed explosive growth. Recall that last week the market finally began to pay attention to positive factors for the euro...

In the coming days, traders will assess the ISM indices and the JOLTS/ADP data, culminating the week with July's Nonfarm Payrolls (NFP), which will largely determine market expectations regarding...

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 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...