Market expectations had previously suggested that the Federal Reserve might extend its rate-cut cycle. However, this sentiment shifted following the release of strong U.S. data, which showed significant job growth, a decrease in the unemployment...
WTI Crude Oil: Neutral and looking for direction The West Texas Intermediate (WTI) crude oil market posted modest gains in early trading on Monday, continuing its recent pattern of indecisiveness. The market appears to be stuck in a range,...
USD/CHF Technical Analysis In my earlier post on USD/CHF I gave reason and situations that may arise for me to take either a buy trade or sell trade on this pair, but I also stated that my bias for this pair still remain bearish as a result of the...
The Hammer candlestick pattern is a bullish reversal pattern often seen at the bottom of a downtrend. It signals that sellers initially drove prices lower during the session, but strong buying pressure ultimately pushed the price back up near the...
The Spot prices showed signs of softening early on Monday, trading near $2,630 during the first few hours of U.S. market activity. The primary factor behind this pullback was the strengthening U.S. dollar (USD), which exerted downward pressure on...
