We have outlooked several promising Forex pairs and the result can surprise you!
Gold got new strength
Information is not investment advice
BUY 1313.60; TP 1322; SL 1310
BUY 1324; TP 1333; SL 1321
The outcome of the Federal Reserve’s meeting was dovish enough to let gold prices soar. XAU/USD closed above March 13 high in the 1311 area. As long as the price stays above this support level, it will be poised to advance to 1322 (61.8% Fibo retracement of the February-March decline). The best opportunity to enter the market will be if XAU/USD revisits lower levels.
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus