The spot price is under significant pressure due to rising geopolitical tensions, particularly between Israel and Iran. As the conflict escalates, global risk appetite has taken a hit, benefiting the US Dollar (USD) as a safe-haven currency. In...
WTI Crude Oil: Testing Key Resistance The West Texas Intermediate (WTI) crude market has seen a significant recovery during the trading week, but the $72.50 resistance level remains a formidable barrier. This zone has been tested several times in...
Gold market on the H1 timeframe, is showing a significant bearish movement following a prior bullish trend. The price is currently trading at 2647.59, indicating a strong downward momentum. Analysis of Key Zones Resistance Zone (Bearish Order...
The US Federal Reserve has indicated a continued focus on reducing interest rates through 2024, though its upcoming decisions remain uncertain. Fed officials, including Governor Christopher Waller, have expressed a leaning toward a rate cut in...
USD/CHF On the daily chart of the USD/CHF currency pair, the ascending impulse structure is close to completion, if not already completed, which may well become truncated. On Friday, a pin bar was formed at the peak of the local ascending movement...
