EUR/USD EUR/USD is trading around 1.0760, and I’m noticing some bearish momentum on the hourly chart. It’s currently sitting below the 50-day moving average, which suggests the pair might face further downward pressure. The RSI is hovering near 45,...
The gold market appears to be in a short-term bullish trend on the H1 chart. This is evident from the consistent series of higher highs and higher lows observed in the price action. The red moving average line indicates upward momentum as it slopes...
•••Crude Oil Prices Steady Amid Global Tensions and Economic Uncertainty(December 10,2024)••• Crude oil prices have been relatively stable today, with West Texas Intermediate (WTI) hovering at $68.07 per barrel. As the market continues to digest a...
BTC/USD Technical Analysis and Market Outlook On the hourly chart, BTC/USD is trading lower and is showing a bearish trend. Earlier today, BTC/USD attempted to break the key resistance level at 97855, but the market remained below this area. If...
The Reserve Bank of Australia (RBA) will announce its key interest rate today. Forecasts indicate the rate will remain unchanged at 4.35%. However, the RBA governor's statement is the main focus for market participants in predicting monetary policy...