Gold prices are plummeting towards a fresh one-month low at 1,714 and are holding well below the short-term simple moving averages (SMAs). The RSI indicator is ticking lower in the negative region, approaching the oversold territory, while the MACD is extending its bearish momentum beneath its trigger and zero lines. More downside pressures may open […]
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Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions. Notably, NZD/USD reached its lowest level since October 2022 at the Read more…
The Australian dollar has posted slight losses on Tuesday. In the European session, AUD/USD is trading at 0.6247, down 0.18% at the time of writing. RBA minutes hint at rate cut The Reserve Bank of Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early trading, while the dollar tested the highest levels in two years, as investors treaded cautiously into the final holiday-shortened trading Read more…