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Technical Analysis – USDCHF bulls are back and want to stay
USDCHF bounces back, dismisses bearish risks below 0.8800Bulls take control, aim for new higher highsUSDCHF staged an impressive rebound after falling as low as 0.8733, an action which initially seeme
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Technical Analysis – Will the US 30 index face more setbacks?
US 30 index extends pullback from record highMore selling likely if the price closes below 43,880The US 30 index (cash) has been gradually decelerating over the past week, falling from an all-time hig
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XM Market Commentary – Dollar continues to strengthen as economic data weighs on
·Mixed US PPI adds to uncertainty over Fed rate cuts ·U.S. dollar rises as inflation concerns persist ·European rate cuts hit euro and Swiss franc hard ·UK GDP shrinks for second month, p
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XM Forex Practical Strategy: Forex Practical Strategy for December 13
US Dollar Index: The US dollar index encountered resistance below 107.05 on Thursday, and was supported above 106.35 when it fell, which means that the US dollar may maintain an upward trend after a s
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GBP bulls frustrated, GBP/USD breaks down
GBP bulls frustrated, GBP/USD breaks downGBP/USD retreated 0.55% on Thursday, back below 1.2700.UK news was quiet, with limited economic data, curbing the flow of GBP.GBP was weak before Friday.GBP/US
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EUR/USD Price Analysis: The pair slips to 1.0500, further losses after breaking
EUR/USD Price Analysis: The pair slips to 1.0500, further losses after breaking below 20-day SMAEUR/USD fell further on Thursday, deepening losses after breaking below 20 SMA.The RSI remains flat in n
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As U.S. Treasury yields rise, some gold bulls choose to lock in profits
As U.S. Treasury yields rise, some gold bulls choose to lock in profitsGold prices reversed from more than a month high hit on Thursday.Bets on a dovish Fed and rising U.S. Treasury yields weighed on
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XM Forex:The situation in the Middle East is tense, and crude oil is rebounding
The situation in the Middle East is tense, and crude oil is rebounding With the escalation of tensions in the Middle East, oil prices are gaining some momentum. OPEC+is about to release its
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