Crude Oil Analysis After initially hesitating and rising to $69.72, crude oil prices encountered resistance and remained low. As the US trading hours approached, it was already evening when the news suddenly helped the market, which jumped to...
Gold price gains follow-through traction for the second day amid trade war concerns. Subdued USD price action and geopolitical risks also benefit the safe-haven XAU/USD. Traders look to the US Q3 GDP print and the US PCE Price Index for fresh...
Gold faces resistance in the middle of the correction phase Gold prices have seen a significant decline this week, falling below the bottom of the ascending channel on Monday and remaining muted on Tuesday. The market hit a low of $2,605, which...
PAIR REVIEW USDCHF Good morning! The trading situation for this currency pair is as follows. I take into analysis one of the timeframes - H1, where, in fact, the remaining price gap is visible, which has not yet been closed. There is also clear...
The EUR/USD currency pair stabilized around the 1.0480 level on Wednesday, following a recent decline below the 1.0700 mark. As traders await key US economic data, including the Personal Consumption Expenditure (PCE) price index and GDP figures, the...