[XAU/USD] Ascending Triangle Formation
Last week, there were many ups and downs in the gold market.At first, the U.S. dollar got stronger because of news that President Trump might put a 30% tax on …
Last week, there were many ups and downs in the gold market.At first, the U.S. dollar got stronger because of news that President Trump might put a 30% tax on …
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Because of the news about Fed Chair Powell possibly stepping down, the euro rose from around 1.1560 to 1.1720 the day before. After that, the euro started trading with little …
After the news about Fed Chair Powell possibly stepping down, the U.S. dollar fell. But in the Tokyo market, the dollar started to go up again. Worries about Japan’s political …
Yesterday in New York, the U.S. June retail sales and new jobless claims were stronger than expected. Because of this, the U.S. dollar went up. People now think the Federal …
The euro stayed strong from the Tokyo market to the European market because U.S. long-term interest rates went down. In the New York market, when the U.S. PPI was a …
In the Tokyo market, the USD/JPY went above 149 yen and stayed strong. But in the New York market, it suddenly dropped. This drop happened after news came out that …
Yesterday in New York time, the U.S. June Producer Price Index (PPI) was announced. The results were a little lower than expected. Because of this, people thought the Federal Reserve …
Yesterday in New York, the U.S. inflation data (CPI) was higher than expected. This made U.S. long-term interest rates go up, so the euro became weaker and fell. It went …
The U.S. government allowed chip exports to China again. This helped reduce tensions between the U.S. and China, making people sell the yen. At the same time, the U.S. inflation …
