Strengthening the US Dollar and Increasing Treasury Yields: Gold prices have recently fallen by 0.59%. This decrease is due to the US dollar getting stronger and Treasury yields increasing. A stronger US dollar makes gold more expensive for those...
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Analysis of the USD/CHF Pair: The USD/CHF pair is trading close to the day's opening level of 0.8935 and above the daily Pivot level of 0.8957, where a decrease in volume typically occurs. On the H1 chart, if the price remains above the 0.8928...
The Australian currency is currently hovering around $0.6655, showing a neutral trend in the foreign exchange market. This is evident on daily charts, where the AUD/USD pair is stuck within a rectangular pattern, indicating a consolidation rather...
The 1-hour chart currently indicates an upward trend within the linear regression channel, signaling strong buying interest as traders aim for the 1.2690 level. This movement suggests a favorable opportunity to buy, given the positive market...