Gold prices experienced a slight rebound on Thursday, recovering from Wednesday's decline. This upward movement, amounting to 0.20%, occurred after the Federal Reserve adopted a more gradual approach to interest rate cuts in 2025. While the US labor...
The outlook for the pair remains bearish in the short to medium term, as the pair is entrenched in a downtrend defined by lower highs and lower lows. A variety of key factors are influencing this trajectory, including U.S. inflation data, Federal...
If these support levels hold firm, the yellow metal is likely to remain within a consolidation phase, fluctuating between support and resistance. However, if these levels are breached, it could signal a deeper correction, prompting traders to...
The EUR/USD experienced a modest rebound on Thursday, gaining 0.45% to trade near 1.0400, following a sharp 1% decline in the previous session. However, the pair remains subdued below its 20-day SMA, indicating limited upside potential. The European...
In the coming weeks, economic data will be pivotal in determining the direction of oil prices. Of particular importance are the weekly reports from the U.S. Energy Information Administration (EIA) and the American Petroleum Institute (API), which...
