Forex Investment and Profit Forum

Dollar index beat support at 91.70

The US dollar index beat support at 91.70, so I consider a further fall in the USDX as the main scenario. The local goal for sellers is the 91.00 mark - a technical and at the same time psychological level of support. The downside scenario remains a... Read more

Gold trades near 4-month low

Yesterday, the XAU/USD pair traded in a different direction between $1,805 and $1,817 and closed the day unchanged. Today, gold was also traded in the narrow range of $1,802-$13, remaining near a four-month low. The XAU/USD hourly chart still holds... Read more