Trump’s tariff chatter, coupled with a rebound in European stocks and a more upbeat tone in US futures, helped Gold prices stage a solid recovery and partially offset Monday’s steep pullback, climbing above the $2,750 region on Tuesday.From a...
Market Fundamentals: Japan’s Finance Minister Katsunobu Kato expressed concerns over recent currency market movements, emphasizing the government’s commitment to addressing excessive selling of the Japanese Yen (JPY). The ongoing adjustment to the...
WTI oil price edged higher from new almost one month low on Tuesday, signaling that steep fall that extends into second week, may take a breather.The drop was sparked by profit-taking from previous $66.98/$79.35 rally, likely boosted by signals from...
EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
Crude Oil Price Momentum The current topic of discussion is the Crude Oil price behavior analysis. A weekly side triangle has formed on the chart, bounded by the top and bottom levels. Meanwhile, the 24-day zigzag on the daily time frame failed to...
