Blogs

Relaxed Position, Gold Price Still Firm Above $2,000

Forex

<p>&nbsp;Despite continuing to fall from the beginning of the week, the price of gold managed to maintain its position at the support level above $2,000 during the opening session of Asia this morning.</p><p><br /></p><p>The market expects the Federal Reserve (FED) to cut interest rates in March 2024 and this

EUR/USD Falls For 6th Day In A Row!

Forex

<p>&nbsp;Although the ADP employment data of the United States (US) was published yesterday with a decreasing number, but the US dollar is seen to have managed to maintain its strengthening.</p><p><br /></p><p>If you look at the chart of the EUR/USD currency pair, the continued decline in prices until yesterd

Continued 3-Day Decline, GBP/USD Slips Below $1.2600

Forex

<p>The price movement on the chart of the GBP/USD currency pair is finally seen to have slipped out of the horizontal zone in the previous 100 pips range of 1.27000-1.26000.</p><p><br /></p><p>The price, which continued its decline for the third day in a row, broke through the 1.26000 support level and hit a rece

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