Gold prices stabilized around the $2,600 level on Wednesday, recovering slightly from a recent decline to a seven-week low. This stabilization came after the release of US inflation data, which was largely in line with expectations. The US Consumer...
Price Movement and Trend The price appears to be in a significant downtrend, as indicated by the overall movement of the candlesticks heading lower and the downward slope of the moving average (red line). This downtrend suggests bearish momentum in...
•••NZD/USD Analysis — November 14, 2024••• The NZD/USD pair remains at a pivotal point as both New Zealand’s economic resilience and the shifting stance of the U.S. Federal Reserve continue to shape its movement. This combination of domestic...
USD/CHF Analysis: A Bullish Outlook Supported by U.S. Dollar Strength USD/CHF has entered a phase of sustained bullish momentum, driven by both technical factors and the ongoing strength of the U.S. dollar. After breaking through a critical...
Crude oil prices are currently struggling to maintain a level above $68.00, with a bearish sentiment dominating the market. Despite a recent report from OPEC that lowered its global oil demand forecast for 2025, the market has shown little response....
