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market news2024-12-06
【XM Market Review】--USD/PHP Forecast: USD Weakens Against PHP: Market in Limbo
During my daily analysis of exotic currency pairs, the USD/PHP currency pair continues to pop up on my radar.This is because this is one of the few places that the US dollar is getting absolutely crus
market news2024-12-05
【XM Market Review】--USD/JPY Forecast: Bulls Reclaim Key Levels
The USD/JPY currency pair has seen a resurgence in bullish momentum, with gains extending to the resistance level of 151.22 before stabilizing around 150.00 at the time of writing.This comes as the ma
market news2024-12-05
【XM Market Review】--Gold Analysis: Will it Continue to Rise?
Gold prices have remained relatively unchanged following Federal Reserve Chairman Jerome Powell‘s comments suggesting that the US economy remaxmcnglobal.COMins resilient.As expected, the gold price in
market news2024-12-05
【XM Market Analysis】--GBP/USD Analysis: Performance portends a strong move ahead
For two consecutive trading sessions, the GBP/USD currency pair has been attempting to rebound upwards, but its gains have not exceeded the resistance level of 1.2722 before settling around 1.2695 at
market news2024-12-05
【XM Market Review】--NZD/JPY Forecast: Kiwi Dollar Bounces Against the Yen
The New Zealand dollar did pull back a bit against the Japanese yen in the early hours on Wednesday as we continued to see a bit of Japanese strength in Asian and European trading.However, by the time
market news2024-12-05
【XM Market Analysis】--CAC Forecast: Continues to Consolidate Overall
The CAC rallied a bit during Parisian trading on Wednesday, but it looks like the €7,350 level continues to be a bit of a barrier.This is an area that previously had been support, so a little bit of m
market news2024-12-05
【XM Forex】--USD/JPY Forex Signal: US Dollar Rallies Against Japanese Yen
Potential signal:I am a buyer of this market on a move above the 50 Day EMA.At that point, I would have a stop loss near the ¥150 level, and would try to target the ¥154 level.During my daily analysis
market news2024-12-05
【XM Group】--USD/CAD Forecast: US Dollar Dips Slightly Against Loonie
During my daily analysis of the USD/CAD pair, the first thing that captures my attention is the 1.40 level below.The 1.40 level has been important multiple times, not only recently, but over the longe
market news2024-12-05
【XM Group】--NZD/USD Forecast: New Zealand Dollar Continues to Find Support
During my daily analysis of the NZD/USD pair, the 0.5850 level has come into focus, as we haxmcnglobal.comd initially plunged below that level, only to turn around and show signs of life again.Because
market news2024-12-04
【XM Market Analysis】--USD/MYR Analysis: Shifting Sentiment and a Speculative Ele
The USD/MYR has produced an intriguing couple of weeks via its value range, this as a perception grows that resistance levels are producing reversals lower on occasion.After trading near a low around
market news2024-12-04
【XM Market Analysis】--Gold Analysis: Awaiting Key Events
For six consecutive trading sessions, the gold price has been moving in narrow ranges and a neutral position with an upward trend, awaiting more stimulus.Today, the gold price is stabilizing around $2
market news2024-12-04
【XM Market Analysis】--USD/MYR Forex Signal: Tests Key Resistance
Potential Signal:I am a buyer of this pair on a daily close above the 4.50 level.I would have a stop loss at the 4.44 level and would be looking for the market to eventually reach the 4.695 level, but
market news2024-12-04
【XM Forex】--USD/CAD Forecast: Pushes Higher Amid Dollar Strength
The US dollar pulled back just a bit during the early hours of Tuesday, only to find support at the 1.40 level.At this juncture, it does look like we are grinding even higher and perhaps trying to tak
market news2024-12-04
【XM Market Analysis】--Gold Forecast: Gold Stays Range-Bound
Gold has gone back and forth during the course of the trading session.During the day on Tuesday as we continue to hang around the 50-day EMA.The 50-day EMA of course is an indicator that a lot of peop
market news2024-12-04
【XM Market Analysis】--BTC/USD Forecast: Bitcoin Steady Near $100K
Bitcoin initially fell during the trading session on Tuesday but has seen more of that buy on the dip mentality that‘s been so prevalent in this market.Ultimately, I think you‘ve got a situation where
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- 【XM Market Analysis】--Gold Analysis: Stability Hints at a Strong Move Ahead
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