Gold Price Analysis: Continuation Patterns Appear Ahead of September The gold price always varies up and down. However, the trend that usually follows the fluctuations of the price is a rise in value followed by a drop. Gold prices generally rise when there is a recession or a decline in the overall economic condition. The
Month: August 2020
Gold and silver prices have recently pushed higher on the back of the US dollar, as the Federal Reserve pumps trillions of dollars into the economy each month. Gold and silver are valuable because they provide the backing of gold in monetary markets and have been used as money for a very long time. Although
EUR/USD Latest: Political and Fundamental Drivers in the Spotlight – Part 2 Political events may have a significant effect on a country’s economy. Political events can also have an indirect impact, through a country’s currency rates. If a country is moving toward a more liberalized economy or more restrictive governance, it will likely see higher
Crude Oil Prices Brace for Impact With US-Iran Tensions Brewing in the Near Future. Iranian President Ahmadinejad is expected to travel to Asia this year to participate in an International Nuclear Energy Agency (IAEA) meeting. This meeting, which Iran views as a Western propaganda stunt, could lead to a renewed flare up of tensions between
EUR/USD builds range on this trade and the only way it can break the resistance is when it hits an important resistance level. If you are able to find a good swing low then you have a chance to make money trading EUR/USD. This is how you use this type of strategy. EUR/USD Price Outlook:
The NZ Dollar Time Cycle is important because of the implications for currency pairs. While it is not the only factor that influences the performance of a currency pair, this is one of the most important ones. The NZ Dollar Time Cycle refers to an increase in demand and supply over a period of time.
Gold prices may fall as the US Dollar rebounds in risk-off trade following the U.S. Federal Reserve’s announcement that it would begin raising rates. Traders around the world, however, should not lose sight of the fact that gold remains a safe and secure investment which is likely to be the best bet for maintaining the