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market news2024-12-01
【XM Market Review】--USD/ZAR Monthly Forecast: December 2024
The USD/ZAR has correlated to global Forex and seen its value demonstrate a rather robust bullish trend in the wake and aftermath of the U.S election which saw Donald Trump crowned as winner.The USD/Z
market news2024-12-01
【XM Market Analysis】--USD/INR Monthly Forecast: December 2024
The USD/INR embraced a rather rapid climb upwards in November, but it is important to point out a lot of the jump higher occurred over a two day period when the U.S election results unfolded.As of thi
market news2024-12-01
【XM Group】--EUR/USD Monthly Forecast: December 2024
The EUR/USD was hit by a massive wave of selling in the wake of the U.S election results and the currency pair is testing lows it has not traded since October of 2023.Current value for the EUR/USD as
market news2024-12-01
【XM Decision Analysis】--Pairs in Focus - BTC/USD, Silver, Gold, USD/MXN, ETH/USD
BTC/USDThe Bitcoin market has initially pullHttps://www.xmcnglobal.comed back just a bit during the course of the trading week to fall toward the $90,000 level, which is a large, round, psychologicall
market news2024-11-29
【XM Decision Analysis】--USD/ZAR Forex Signal: Gives Up Gains
Potential signal:I don’t have any interest in shorting this pair, but I might be willing to buy it near the 17.90 level, with a stop loss at thexmcnglobal.Com 17.70 level, aiming for the 18.30 level.O
market news2024-11-29
【XM Market Analysis】--USD/CAD Forecast: Pulls Back Amid Holiday Quiet
The USD/CAD pair is one that I’m watching closely due to the fact that we had recently broken so much higher over the course of the last month or so.The fact that we broke above the psychologically im
market news2024-11-29
【XM Market Review】--CAD/JPY Forecast: Stabilizes Near 107.50
The US dollar rallied just a bit during the course of the trading session on Thursday as we are seeing a little lack of liquidity late in the day as it is Thanksgiving in the United States.I think you
market news2024-11-29
【XM Decision Analysis】--Silver Forecast: Bounces From Trendline
Silver initially fell during the early hours on Thursday, only to turn around and show signs of life as we bounce directly from a trend line.With that being said, I think you‘ve got a situation where
market news2024-11-29
【XM Forex】--EUR/USD Forecast: Looking for a Breakout
The euro initially fell a bit against the US dollar during the trading session on Thursday as Thanksgiving would have caused a little bit of liquidity problems in the market.That being said though, we
market news2024-11-28
【XM Group】--EUR/USD Analysis: Reasons Behind Weak Rebound
For four consecutive trading sessions, the EUR/USD currency pair has been attempting to rebound and recover from its losses to the two-year low when it tested the support level of 1.0331 last week.The
market news2024-11-28
【XM Group】--Gold Price Analysis: Neutral Today Amid US Holiday
The decline in the US dollar helped the gold price rebound, gaining to a resistance level of $2658 per ounce during yesterday‘s Wednesday session before stabilizing around $2635 per ounce at the time
market news2024-11-28
【XM Forex】--USD/RUB Analysis: Volatility Not a Coincidence with the Currency Pai
The USD/RUB is trading near the 110.1900 ratio with swift fluctuations being displayed.Since the election of U.S President-elect Trump the Russian Ruble has lost almost 13% of its value.The volatility
market news2024-11-28
【XM Group】--USD/ILS Analysis: Holds Near Lows Amid Light Volumes
The USD/ILS is near the 3.65100 mark as of this writing. Today’s trading in the USD/ILS will be very light due to the U.S Thanksgiving holiday.Tomorrow many Israeli banking institutions are closed whi
market news2024-11-28
【XM Group】--EUR/USD Forecast: Euro Gains Amid Dollar Weakness
The Euro has rallied a bit during the early hours on Wednesday as we have seen the United States dollar give back some of its gains.The US dollar was a little overbought.So, it‘s not a huge surprise t
market news2024-11-28
【XM Market Analysis】--GBP/USD Forecast: Tests Key Resistance at 1.27
The British pound has rallied rather significantly during the day, gaining 0.9% by midday in North America.It‘ll be interesting to see what happens next because the 1.27 level above is what I consider
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