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market news2024-12-10
【XM Forex】--USD/CAD Forecast: Rises Amid BoC Rate Cut Risks
As you can see, we had gone back and forth during the course of the trading session here on Monday, as we are now threatening the 1.42 level.This is a scenario where I think central banks are starting
market news2024-12-10
【XM Market Analysis】--BTC/USD Forecast: Bitcoin Falls from Familiar Level
In my daily analysis of Bitcoin, I feel like I am stuck in the movie “Groundhog Day.”For those of you not familiar, it’s essentially a movie where the protagonists wakes up in the same day over and ov
market news2024-12-10
【XM Market Review】--GBP/USD Forex Signal: On the Verge of a Bearish Breakdown
Bearish ViewSell the GBP/USD pair and set a take-profit at 1.2650.Add a stop-loss at 1.2850.Timeline: 1-2 days.Bullish ViewSet a buy-stop at 1.2765 and a take-profit at 1.2850.Add a stop-loss at 1.265
market news2024-12-09
【XM Forex】--Gold Analysis: Will Prices Rise in the Coming Days?
As expected, the price of gold increased at the beginning of this week amid recent developments in the Middle East.According to gold trading company platforms, the price of gold has risen to the resis
market news2024-12-09
【XM Market Analysis】--USD/MXN Analysis: Momentum Lower Takes Shape as Key Data A
The USD/MXN has been able to sustain lower momentum as financial institutions seem to be adjusting to political realities which will affect economic policies and the currency pairhttps://www.xmcngloba
market news2024-12-09
【XM Decision Analysis】--EUR/USD Forecast: Euro Struggles Below 1.06
The euro initially rallied during the trading session on Friday, only to turn around and show signs of weakness.What I find interesting about this chart is that we could not hang out above the 1.06 le
market news2024-12-09
【XM Market Review】--USD/JPY Forecast: US Dollar Meanders Against Yen
During the trading session on Friday, my daily analysis of the USD/JPY pair continues to look very messy, just due to the fact that we cannot seem to overcome the 200 Day EMA.Having said that, we are
market news2024-12-09
【XM Forex】--WTI Crude Oil Forecast: Tests Key Range
The US oil market drifted a bit lower during the trading session on Friday, losing a little over a percent almost immediately.That being said, the market is likely to continue to see a lot of noise ne
market news2024-12-09
【XM Group】--Silver Forex Signal: Silver Continues to See Buyers
Potential signal:I am buying silver on a break above the $31.50 level, with a stop loss at the $31 level, and a target of $33.10 above.During my daily analysis of the silver market, the first thing th
market news2024-12-09
【XM Group】--AUD/USD Forecast: Australian Dollar Continues to Look Miserable
During my daily analysis of major currency pairs, the AUD/USD pair stands out, because quite frankly it looks so pathetic.This is a market that is simply falling out of bed, and now we find ourselves
market news2024-12-09
【XM Decision Analysis】--USD/ZAR Analysis: Move Lower as Calm Begins to Return fo
The USD/ZAR has produced a tranquil price range the past handful of days while also producing an incremental move lower with a healthy correlation to the broad Forex market.The USD/ZAR is trading near
market news2024-12-09
【XM Market Analysis】--GBP/USD Forex Signal: Rising Wedge, Death Cross Patterns F
Bearish ViewSell the GBP/USD pair and set a take-profit at 1.2650.Add a stop-loss at 1.2850.Timeline: 1-2 days.Bullish ViewSet a buy-stop at 1.2745 and a take-profit at 1.12850.Add a stop-loss at 1.26
market news2024-12-08
【XM Forex】--WTI Crude Oil Weekly Forecast: New Lows as Speculative Buyers Face H
The price of WTI Crude Oil fell below 67.000 USD on Friday and remained below the value level going into the weekend, this as speculative buying is finding it hard to create upwards momentum.President
market news2024-12-06
【XM Decision Analysis】--GBP/USD Forecast: Pressure Upside Break Out
The British pound has rallied a bit during the early hours xmcnglobal.COmon Thursday as we are slamming into the crucial 1.2750 level.This is an area that‘s been both support and resistance multiple t
market news2024-12-06
【XM Market Analysis】--AUD/USD Forecast: Clings to Support
The Aussie dollar initially did try to rally during the trading session on Thursday, but gave up gains rather quickly as the US dollar continues to strengthen against most things.Ultimately, this is a
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