tradeFX

European stocks were mostly higher on Wednesday as investors digested a slew of mixed earnings reports and looked ahead to the release of U.S. CPI report later in the day for directional cues. Meanwhile, the euro area economy recovered as estimated in the first quarter after contracting for two stra

Gold returns to close to the May highs as buyers continued to pile in amid underlying geopolitical tensions. Robust central-bank demand is a key factor in keeping the precious metal bid. After a deep correction, XAU/USD resumes its uptrending bias and pushes higher. Gold price (XAU/USD) trades highe

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The daily RSI and MACD indicate diminishing buying momentum as bulls struggle to gain further ground. The hourly indicators reveal that sellers have a slight upper hand ahead of the Asian session. In Monday's session, the NZD/USD pair traded with mild losses, and sellers gained ground. As the pair i

AUD/USD is consolidating after pulling back from its May 3 peak. A break above 0.6624 would likely result in a volatile move higher AUD/USD may have formed a Measured Move with a final target at around 0.6690. AUD/USD is trading in the 0.6610s on Monday as it continues its sideways consolidation aft