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Technical Analysis: XAUUSD

XAUUSD recorded the largest daily decline in two years On Monday, XAUUSD decreased by more than US$60, recording the largest daily decline. It ended down 2.72% at US$2327.43 per ounce. The Fed delayed the interest rate cut Traders now expect that the Fed will reduce the interest rate by 40 basis poi

23.04.2024 XTrend Speed
138

Technical Analysis: USOIL

USOIL decreased by around 3% On Wednesday, USOIL plunged by around 3%. It broke below the US$82 to the lowest level since March 28. EIA crude oil inventories exceeded expectations US EIA Crude Oil Inventories (during the week ending on April 12) fell from 5,841 thousand barrels to 2,735 thousand bar

18.04.2024 XTrend Speed
158

Technical Analysis: GBPUSD

GBPUSD fell to a five-month low On Tuesday, GBPUSD was prone to fluctuation and declined. It reached a five-month low of 1.2405. The UK labor market cooled down US ILO Unemployment Rate (February) increased from 3.9% to 4.2% Vs. 4.0% (forecast), according to the data from the Office for National Sta

17.04.2024 XTrend Speed
138

Technical Analysis: EURUSD

EURUSD fell for four consecutive days On Monday, EURUSD fell for four consecutive trading days. It reached 1.0620 at one point, which marked the lowest level since November 2023. US retail sales increased more than expected in March US Retail Sales, m/m (March) increased by 0.7% Vs. 0.4% (fore

16.04.2024 XTrend Speed
158

Technical Analysis: USDCAD

USDCAD reached a 4-month highOn Wednesday, USDCAD increased greatly. It broke above the 1.370 mark at one point and reached the highest level since November 24.The BOC kept the benchmark interest rate unchangedOn April 10, the BOC kept the benchmark interest rate unchanged at 5%. The BOC will pay cl

11.04.2024 XTrend Speed
118

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