Gold prices remained under pressure on Tuesday, falling to a fresh low of $2,633 before finding some intraday support. This decline marked the completion of the 78.6% Fibonacci retracement of the recent rally near $2,638. Additionally, Tuesday looks...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis, the market price is rising, and the price has formed an ascending channel. The cost of the market is quite respectful of this channel, so the price goes up. Market prices...
The GBP/USD currency pair stands at a critical crossroads, reflecting the cautious sentiment of traders navigating through pivotal economic data and major central bank events. Recently, the British Pound gained ground against the U.S. Dollar,...
The US Dollar Index (DXY) chewed a circle into the chart paper on Tuesday with bids hanging out near the 107.00 handle. US Retail Sales figures lurched higher to 0.7% MoM, stoking some mild concern among investors that maybe the Fed doesn’t need to...
Crude oil prices dipped on Wednesday as concerns about weakening demand from China outweighed expectations of a potential rate cut by the Federal Reserve. The benchmark West Texas Intermediate (WTI) crude futures contract traded at $69.70 per...
