XAUUSD | Spot Gold 500 oz Rate in the Forex market

The test of the 162.02 level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason...

Due to low market volatility, the price did not reach the key levels I identified during the first half of the day. The euro showed little reaction to the news...

On the hourly chart, the GBP/USD pair rebounded from the 61.8% Fibonacci retracement level at 1.3335 on Monday, reversed in favor of the British pound, and consolidated above the 76.4%...

The price test at 1.3348 occurred when the MACD indicator was just starting to move upward from the zero mark, confirming the correct entry point to buy the pound...

Appetite comes with eating, but market confidence can evaporate the moment investors look around. The US equity rebound after the holiday showed AI trade still attracts interest: Intel and Micron...

The dollar is once again under slight pressure from sellers, while risk assets have gained some weight after yesterday's U.S. data. The ISM Services PMI report published yesterday came...

Several macroeconomic publications are scheduled for Tuesday, but none are particularly significant. In Germany, the May industrial production report will be released, while in the U.S., the weekly ADP private-sector...

The GBP/USD pair continued its upward movement on Monday, even though there were no local grounds for this. However, as we noted before, the British pound has been falling completely...

The GBP/USD pair continued its upward movement on Monday, in stark contrast to the EUR/USD pair, which remained stagnant. The British pound is trading much more logically than the European...

The EUR/USD currency pair demonstrated only microscopic growth and minimal volatility on Monday. This is largely due to the complete absence of significant events on the calendar. Although...