According to the current analysis of the gold market, XAU/USD displays bullish momentum, supported by various global factors, technical signals, and fundamental drivers. Observing key support and resistance levels, today’s forecast suggests that if...
Stronger-than-expected Canadian labor market data has tempered expectations for near-term interest rate cuts by the Bank of Canada (BoC). Employment surged by 91,000 in December, the largest gain since January 2023, while the unemployment rate edged...
USDJPY continued its bearish rely on the market movement last Friday. The good Japanese fundamentals made the USDJPY fall again. The current price position is in the low/daily support line area at 148.63 with seller pressure that is still quite...
EUR/USD Daily Forecast The current situation of the EUR/USD currency pair is quite intriguing. This pair has been demonstrating a green momentum for five consecutive days, indicating a potential shift in market sentiment. Recently, it has managed to...
Silver (XAG/USD) is currently trading at 32.440 on the H1 timeframe, maintaining its overall bullish trend that has been in place since late January. The price recently peaked around 33.350 before experiencing a pullback, suggesting that a temporary...
