Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
For the attention of traders and analysts, I present my analysis of the daily chart for the NZD/USD currency pair. Over the past two months, I have observed that the instrument has been forming a predictable upward trend, which provides a clear...
Technical Analysis of Gold Once again, the price of gold is signaling further upward movement without correction, as seen on the 4-hour gold chart. For several days, the price of gold has traded in a sideways range between the 2950 level at the top...
USD/CHF USD/CHF Price Forecast: Sticks Near 0.8800 As Bulls Chase 200-Day SMA Key Analytics: USD/CHF is stable at 0.8810 for the second day in a row, hugging the crucial 200-day SMA after rising from yearly lows. The technical recession continues;...
Gold (XAU/USD) Technical Analysis – Outlook for the Next 3 Days Current Market Overview Gold (XAU/USD) is showing strong bullish momentum, currently trading at $2,982.86 on the H1 timeframe. The market has experienced a sharp upward movement,...
