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...
February 22, 2025 The gold market continues its remarkable ascent, with spot gold (XAU/USD) trading near record highs at approximately $2,937 per ounce. This surge reflects a 44% increase over the past year, driven by a confluence of economic and...
After posting losses in the previous session, the USD/CAD pair moved little, closing Friday’s Asian session at 1.4170. The pair lost momentum as the US dollar (USD) weakened amid conflicting Fed signals and poor jobless claims data. On Friday,...
I find the current situation on EUR/USD quite perplexing. I understand that the market doesn’t always move as quickly as we’d like, but the prolonged consolidation is becoming somewhat frustrating. I decided to analyze the currency pair from a...
USD/ CHF: The Price Action Summary Today’s main focus will be the release of the US Purchasing Managers’ Index (PMI) data. This report will provide valuable insights into the strength of the US economy, particularly in the manufacturing and...