Hello, After a consolidation phase near $2,640, gold gains traction and rises to the $2,650 region. The benchmark 10-year US Treasury bond yield is lower following the release of weak macroeconomic data from the US, helping XAU/USD to rise higher....
The Japanese Yen continues to face considerable challenges in its battle against the US Dollar (USD), struggling to mount any substantial recovery. Despite occasional fluctuations, the Yen remains under pressure, hovering close to a three-month low....
Charting the Course: EUR/ USD Price In today's article, I will discuss the latest movements in the EUR/ USD currency market. I am waiting for a breakout of this mark and consolidation above. In this case, we can count on continued growth to today's...
XAU/USD has been showing a promising bullish trend recently, with the formation of two consecutive Japanese Hammer candlesticks on Tuesday and Wednesday, signaling potential upward movement. This price action, coupled with a solid green close on...
The Spot price experienced some downward pressure on Wednesday, primarily driven by remarks made during a press conference by China’s National Development and Reform Commission (NDRC). China's state planner highlighted that the country’s economy is...
