The crude oil price chart on the H1 timeframe shows a clear downtrend, characterized by a series of lower highs and lower lows, indicating persistent selling pressure. The Bollinger Bands suggest that the price has been moving close to the lower...
The NZD/USD pair experienced a modest uptick on Thursday, climbing to 0.5650 as buyers attempted to drive the price higher. However, the upward movement lacked strong momentum, with the pair struggling to maintain a foothold above the 20-day Simple...
The People's Bank of China (PBOC) Governor, Pan Gongsheng, reaffirmed the central bank’s commitment to maintaining ample liquidity through interest rate and reserve requirement ratio (RRR) adjustments. He also emphasized China’s role as a key driver...
Gold caused a bull reversal on Thursday after forming a hammer candlestick, promoting prices to a daily maximum of $ 2,929. Despite some volatility throughout the session, the bullish impulse remained intact since gold continued to be merchant close...
The US Dollar Index (DXY) faced significant downward pressure, retreating to the 107.20 zone, marking its lowest level in two weeks. This decline was primarily driven by falling US Treasury yields across the curve, as investors adjusted their...
