All eyes are laying on one asset class in Markets: Precious Metals The usual suspect: Gold, A.K.A. The Bullion (or just “bully” for people who are caught short). Gold has always been a very complex asset. It does not have a face value yet it serves as store of value for many Central Banks. It […]
The post Gold (XAU/USD) Bullies Its Way to New Record Highs – Potential Targets and Fundamental Outlook appeared first on Action Forex.
The coming week represents a rare convergence of global monetary policy decisions, with seven major central banks meeting within days of each other. The Reserve Bank of Australia, Bank of Canada, Federal Reserve, Bank of Read more…
Markets reacted to signs that the conflict with Iran could last longer than first expected. Oil was very volatile during the week. Crude briefly moved above $100 early in the week, then pulled back, but Read more…
CHFJPY currency pair is poised for more upside despite recent decline and choppy price action. How further can the long term bullish cycle continue before the next big pullback? Yen pairs have demonstrated significant bullish Read more…