The broader market dynamics will also play a crucial role in shaping gold’s trajectory. Recent bullish candlestick patterns suggest a potential uptrend, but mixed economic data and looming bearish chart signals call for caution. Traders should stay...
The pair is currently in a bearish phase, driven by a combination of both fundamental and technical factors that suggest further downside potential. On the fundamental side, the US Dollar continues to strengthen, bolstered by robust economic data...
The Cable has been showing signs of stability after bouncing off a two-month low. During the Asian session on Monday, the pair attracted follow-through buying, rising from the 1.2620 region to trade around 1.2653, reflecting a modest 0.11% gain for...
The USD/JPY currency pair is currently navigating a period of increased volatility, influenced by both domestic factors in Japan and broader global economic developments. Recently, the pair has softened, yet the key 149.00 support level remains...
The outlook for both the Cable and the US Dollar (USD) is shaped by shifting expectations around inflation and interest rates, with each currency facing its own set of challenges. For the UK, recent data showing a drop in inflation has sparked...