Gold prices in North America experienced a surge on Friday, driven by two main factors. Firstly, US inflation data came in softer than expected, fueling investor optimism that the Federal Reserve might implement interest rate cuts later in 2024....
Good day, everyone! The downward slope of the linear regression channel indicates the strength of the sellers, who are aiming for the 2313.63 level. Movement is likely to slow down at this target level. Due to the weakening caused by the current...
This week, the oil trading instrument has demonstrated significant volatility by easily surpassing the previous week's maximum level of 80.60. This upward movement is particularly notable because, during the prior week, the price had been on a...
USDJPY ANALYSIS. In a few trading days, the USDJPY market appeared to be a tug of war between sellers and buyers. At first, sellers controlled the market and pushed the USDJPY price down with a lot of force. They even succeeded in breaking through...
USD/CHF In the early part of the European session on Friday, the USD/CHF pair recovered close to the 0.8945 mark. This movement followed the release of important economic data and developments i n the market. A key factor that influenced the pair...