Gold prices staged a recovery in late North American trading on Wednesday, rebounding from earlier weakness. This resurgence came as Federal Reserve Chairman Jerome Powell reiterated the central bank’s commitment to maintaining an accommodative...
General Points about USDCAD: Right now, the market is trading around the 1.4326 level, showing signs of stability after today's U.S. Core CPI data release. A key economic indicator has provided some support to the U.S. dollar, helping it maintain a...
The USD/JPY H1 chart reveals an interesting price action pattern characterized by a recent upward movement following a prolonged downtrend. The price previously experienced consistent lower highs and lower lows, indicating strong bearish momentum....
Bearish Belt Hold Candlestick Chart Pattern The Bearish Belt Hold is a single candlestick pattern that signals a potential reversal or continuation of a downward trend. It is often observed in technical analysis of stock or forex charts. Below is a...
West Texas Intermediate (WTI) crude oil prices surged to a two-week high, reaching approximately $72.95 in early Asian trading on Wednesday, fueled by escalating geopolitical tensions in the Middle East and concerns over global oil supply. The price...