At the H1 timeframe analysis, the USD/CAD pair is currently facing significant resistance from sellers who are actively attempting to overturn the prevailing uptrend. Following its recent descent from a peak near 1.3790, the pair's trajectory...
EUR/USD continued a rather sluggish downward movement on Wednesday and by the end of the day, the price approached the level of 1.0678 for the third time. In general, since the first bounce from this level, the pair has been in a flat phase, which...
The EUR/USD currency pair, currently at 1.0696, is showing a bearish trend. This indicates that the euro is weakening against the U.S. dollar. The gradual decline can be attributed to several macroeconomic factors influencing both the Eurozone and...
Current Developments in Gold Prices We are currently discussing the analysis of Gold's price behavior. A triangle pattern has formed in the gold market. Currently, the quotes are holding at the lower limit of this pattern. If the downtrend scenario...
The Federal Market Committee (FOMC) recently decided to keep the benchmark interest rate between 5.25% and 5.50% at its seventh consecutive meeting in June. The decision is consistent with economic forecasts showing FOMC officials expecting only one...