Latest Trading News

Gold: US Michigan and Retail sales are lower than Expected Gold prices are actively steady above 1800$ against US Dollar, and this is due to

UK Pound: UK GDP printed higher shows economy growth GBPUSD has broken the Descending channel and the market has reached the Horizontal resistance areas. UK

DATA ON INFLATION MADE DOLLAR DROP IN VALUE AND XAU/USD GOLD GAIN TRACTION. XAUUSD Gold Prices are moving in the Symmetrical triangle pattern and the

Gold: Global inflation numbers cause rising prices of Gold Gold prices are rising over US Dollar after Yesterday Data of US inflation number came at

Gold: Gold Prices increased with inflation expectations higher this week US CPI data is going to publish today, and the expected number is 7.0% versus

POWELL SPEECH ON TIGHTENING OF MONETARY POLICIES BRINGS THE DOLLAR BACK UP ONCE AGAIN. EURUSD has broken the minor Ascending triangle pattern, now the market

USDCAD CLOSES NEAR 1.2500 AS OIL RATES INCREASE AND INTEREST RATES ARE PREDICTED. USDCAD is moving in the Descending channel and the market has reached

OIL ROSE TO $82 DESPITE ALL ODDS AND THE FAST SPREAD OF THE OMICRON VARIANT. Crude Oil is moving in an Expanding channel pattern in

EUR/USD GAINS GROUND AFTER FALL IN EMPLOYMENT RATE AND IN ANTICIPATION OF ECB SPEECH. EURUSD is moving in an ascending triangle pattern and the market

XAU/USD HAS PICKED ITSELF BACK UP ATFER DATA REVEALS THAT JOBS WERE LESS THAN EXPECTED. Gold price is consolidating at the support area after breaking

GBP/USD IS UNABLE TO OVERCOME THE TWO-MONTH HIGH AS DOLLAR SHOOTS UP. GBPUSD is still standing at the lower high area of the descending channel

AUSTRALIAN PRIME MINISTER REVEALS IMPACT OF OMICRON ON BUSINESSES. Omicron is affecting the Australian Economy Harder. AUDUSD has broken the bottom level of the Rising

Gold: US NFP rate came at lower than expected Gold prices are stable and moved across the 1780$ to 1832$ range in the past two

Gold is near to the higher low level of ascending channel and it is in consolidation between the support resistance level. XAU/USD REACHES NEAR TWO-WEEK

GBP/USD STRUGGLING TO STAY ABOVE 1.3500 AS JOB REPORT EDGES CLOSER. GBPUSD is near to the lower high area of the descending channel line in

USDCAD falling from the retest area of the broken channel line. USD/CAD REMAINS STABLE JUST UNDER 1.2800 AS U.S. PAYROLL DATA IS TO BE RELEASED. 

FOMC’S DECEMBER MEETING MINUTES CAUSES THE DOLLAR INDEX TO RISE UP ONCE AGAIN. US dollar got strong in various markets. On AUDUSD, The rising wedge

USD/CHF AT A WEEKLY HIGH FOLLOWING THE UNEXPECTED FOMC MEETING MINUTES. USDCHF has formed a descending triangle pattern by creating lower highs and lower lows

US Dollar: US ADP numbers came at higher than expected US ADP Non-Farm employment change came at 800k versus 400k expected and Waiting on US

YEN AT A FIVE-YEAR LOW AS TRADERS AWAIT TO HEAR FROM THE FEDS MINUTES. USDJPY moving in an uptrend by forming higher highs and higher