Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
Rounding Top Candlestick Pattern? A Rounding Top is characterized by its gradual, arc-shaped formation atop an uptrend. It signifies a shift in momentum from bullishness to potential bearishness, indicating that the asset's price might be nearing a...
USD-CHF/H1 We're looking at the current price trends of the USD/CHF currency pair. Right now, the pair is stable within its trading range, but there's downward pressure. Even though it closed at local lows, there might be an upward movement. The...
AUDUSD MARKET ANALYSIS On Tuesday (June 25), AUD/USD fell slightly by 0.13% to close at $0.6649. The market is currently waiting for Australia to release the May consumer price index (CPI) on Wednesday. The market expects a decline of about 0.2%,...
USDJPY MARKET ANALYSIS On Tuesday (June 25), USD/JPY rose 0.1% to 159.68, remaining in a narrow range. The dollar's rise on Tuesday was mainly supported by hawkish comments from Federal Reserve officials and US data showing a stable housing...