Forecast of Crude Oil Although the H1 time frame chart already shows a bearish primary trend for Crude Oil, I kept an eye on the final candle's significant bearish movement as the price fell sharply and Crude Oil formed a powerful bearish candle. On...
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Market Fundamentals: The Reserve Bank of Australia’s (RBA) determined approach to combating high inflation has shifted market sentiment, with investors now expecting a more gradual reduction in interest rates. Inflation remains stubbornly elevated,...
Technical Analysis: EUR/USDUS EUR/USD recovers to near 1.0300 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras...
Gold Analysis After testing support, gold bounced and fluctuated, showing that the short-term trend is not very weak. In the morning, gold fell sharply and was at 2689, but quickly recovered and returned to the 2700 level. It can be said that the...