Does the double-low formed in the gold chart at 1680 suggest we will see upside soon?
Tag - gold
Europe’s poor vaccination rollout keeps pressing down the euro. Unlike Europe, the USA is in a much better position now. Thus, EUR/USD is likely to dip further this week. Gold is likely to fall as well amid the strong USD. Watch the video to get more trade ideas for this week!
While the American stock market pushes S&P 500 above 4000, most currencies are weak against the US dollar, and commodities fluctuate.
EUR/USD and GBP/USD are trying to recover a bit. Oil awaits the decision of OPEC+. Covid-19 and vaccines remain the key drivers of the market. Watch the video to discover the outlook for EUR/USD, GBP/USD, oil, gold, NASDAQ, and Moderna!
In this article, you'll find answers to major questions about the USD. Why is it rising? When will its dominance end?
Gold has dropped below $1700! The US dollar is going all-in against other currencies, WTI oil is trembling but going upwards ahead of the OPEC+ meeting.
Gold is heading for its first quarterly decline since 2018! The main reason for that is the strong US dollar.
There are reasons why the US dollar remains strong versus other major currencies. Watch the video to get the targets for EUR/USD, GBP/USD, USD/JPY, oil, and gold!
Investors were shocked by the fact that a $20 billion wave of block trades hit markets on Friday, reportedly linked to investment fund Archegos Capital.
The massive ship blocked the Suez Canal and caused swings in oil prices…
The risk sentiment in the market turns red after more European countries impose new measures to curb surging Covid cases
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020.