The spot price appears poised for a strong start to the year, but analysts anticipate a temporary pullback ahead of the upcoming U.S. Consumer Price Index (CPI) data release. A favorable inflation report could rekindle market optimism, potentially...
The AUD/USD H1 chart exhibits a significant technical structure with key price levels, trend analysis, and indicator insights. The price is currently trading at 0.6296, testing a critical horizontal resistance level that has been drawn based on...
The provided chart for NZDUSD on the H1 timeframe offers a detailed view of the price movements and key levels that can be analyzed to understand the market dynamics. The price action appears to be fluctuating within a defined range, with notable...
The core inflation gauge, which excludes volatile food and energy prices, increased by 3.2% year-over-year, slightly lower than last month’s 3.3% rise and market expectations. Meanwhile, geopolitical developments have added a layer of uncertainty to...
The price of gold (XAU/USD) has extended its upward momentum, surpassing the critical $2,900 per troy ounce level, driven by a weakening US Dollar (USD). Despite the bullish trend, overbought conditions suggest a potential corrective decline in the...
