Dollar Extinguishes All Candles The brief rally for the EUR/USD currency pair didn't last long. A slowdown in the Personal Consumption Expenditures (PCE) index—an inflation gauge preferred by the Federal Reserve—to 0.1% month-over-month in November,...
The spot prices surrendered their intraday gains after briefly climbing to around $2,615 during Tuesday's American session, pressured by unexpected economic data. The U.S. Census Bureau reported that monthly Retail Sales surged by 1%, significantly...
USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing some mild bullish momentum. I’m keeping an eye on 0.8500 as a key support level and 0.8580 as immediate resistance. If it breaks above 0.8580, there’s potential for...
XAU/USD Technical Analysis and Key Concepts Current Market Momentum XAU/USD is rallying after hitting a daily low at 2609. The price is currently trading at 26188, indicating an improvement from previous levels. On the hourly chart, the price...
Crude Oil Price Action Forecast The analysis of Crude Oil's price behavior is currently under discussion. As Christmas Day approaches, US Oil is trading near $70.23, signalling bullish momentum just below the key resistance of $70.95. This level has...
