Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
I observe that on the daily chart, gold formed an ascending price channel in early February last year, and it continues to trade within this structure, currently hovering near 2,934. I believe the technical setup here is compelling for bullish...
The US dollar initially fell against the Japanese Yen at the beginning of the session, but quickly reversed the course and now shows a renewed force. At present, the PAR is negotiated around the 200 -day exponential mobile average (EMA), which many...
EURGBP H4 Forecast Fundamental Overview The EUR/GBP pair is under pressure as market sentiment is affected by the economic situation in the Eurozone and the UK. The euro is facing challenges from weak economic growth and the European Central Bank’s...
In the early negotiation on Wednesday, the euro has shown a slight drift in the middle of a hard and noisy price action backdrop. Despite this volatility, the general feeling remains that the euro will probably continue to operate within a well...