Technical analysis of XAUUSD If you look at the gold h1 time frame, the market price is currently downtrend, with the price rising to a support level at 2616 and a resistance level at 2632. 50-Day simple moving average is above the market. If the...
Pivot: 43390.00 Our preference: Short positions below 43390.00 with targets at 42500.00 42000.00 in extension. Alternative scenario: Above 43390.00 look for further upside with 43860.00 44210.00 as targets. ...
US crude oil inventories saw a smaller-than-expected decline last week, which could influence market sentiment and oil prices in the near term. According to the American Petroleum Institute (API), U.S. crude stockpiles dropped by 1.5 million barrels...
The future direction of the AUD/USD pair will largely depend on a mix of U.S. economic data and global developments, particularly in China. If the U.S. economy shows signs of resilience, inflationary pressures could remain elevated, prompting the...
Shifts in global risk sentiment or significant changes in central bank policies could introduce volatility into the pair. For example, fluctuations in U.S. economic data or adjustments to the Federal Reserve's stance on interest rates could have a...
