The euro strengthened against the US dollar on Thursday, appreciating by 0.7% and climbing back above the 1.0400 threshold. This upward movement was fueled by a combination of factors, including broad dollar weakness and a less...
Gold prices experienced an upswing during Thursday's North American trading session, reacting to the release of the US Producer Price Index (PPI) data, which marginally surpassed market expectations. Contributing to gold's safe-haven appeal, the US...
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 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...
Today, I decided to analyze the EUR/USD pair using fractal channels, focusing on their boundaries. I simplified these boundaries to make my chart clearer because I find that the channel boundaries alone often provide sufficient insight. I...