Despite a ceasefire agreement between Israel and the Lebanon-based Hezbollah militant group, geopolitical risk premiums remain elevated due to the escalating Russia-Ukraine conflict. Additionally, expectations that the Organization of Petroleum...
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...
Gold caused a bull reversal on Thursday after forming a hammer candlestick, promoting prices to a daily maximum of $ 2,929. Despite some volatility throughout the session, the bullish impulse remained intact since gold continued to be merchant close...
The EUR/USD H1 chart reflects a bullish movement, with the price currently at 1.0464, testing an important resistance zone. The pair has been on an upward trajectory, forming higher highs and higher lows, signaling strong buying pressure. The price...
Gold prices have continued their upward trajectory, breaking through the critical $2,900 per troy ounce level, driven by a combination of a weakening US Dollar and declining US Treasury yields across the curve. The XAU/USD pair has regained its...
