I believe buyers have demonstrated significant momentum by breaking through the local resistance at 1.29885, even though they struggled to consolidate immediately. I see this as a critical threshold; if they secure a sustained close above this level...
Chart Overview The chart displays hourly price changes for silver, with each candlestick representing one hour. Green candles show price increases, while red candles indicate decreases. The price axis ranges from 31.000 to 35.000 USD, and the...
EUR/JPY: Market Forces Shaping the Next Move(March 18,2025) Euro Under Pressure After ECB Rate Cut The European Central Bank’s recent decision to lower interest rates by 25 basis points to 2.5% continues to influence the euro. While this move was...
Good evening to all, and I hope everyone is in good spirits. I observe that the fundamental background has weakened significantly, and I note that there is currently low volatility across most instruments, including the USD/CAD currency pair. I see...
XAGUSD (Silver) Technical Analysis Silver (XAGUSD) is currently trading at 33.82, showing strong bullish momentum after testing key support levels. The price recently bounced from 32.91, confirming this as a solid short-term support. If the price...
