the immediate term, assuming sellers maintain control, the next support level is the November low of 0.6440 (November 14), followed by the 2024 bottom of 0.6347 On the upside, initial resistance is at the 200-day SMA of 0.6628, before reaching the...
The US Census Bureau reported on Friday that Retail Sales increased by 0.4% month-over-month in October, exceeding the market consensus of 0.3%. Additionally, the NY Empire State Manufacturing Index for November posted an unexpected surge, coming in...
In the immediate term, assuming sellers maintain control, the next support level is the November low of 0.6440 (November 14), followed by the 2024 bottom of 0.6347 On the upside, initial resistance is at the 200-day SMA of 0.6628, before reaching...
Silver Price Action Summary Our dialogue revolves around the present examination of the Silver price assessment. There is a bearish mood in the market for this trading instrument. In general, according to the technique, an upward reversal is quite...
The USD/CHF pair experienced a pullback late in the New York session, declining by 0.20% as fresh US economic data hinted at a cooling market. This development has sparked speculation about potential Federal Reserve (Fed) “aggressive” rate cuts. As...
