Market Fundamentals: The National Bureau of Statistics (NBS) provided an optimistic economic outlook during a recent press conference, stating that the economy remains stable with growing signs of positive momentum. Consumption continues to recover,...
To be honest, I don’t find anything particularly surprising in the current market movement. I can clearly see the impulse movement that occurred after the pair fell from 1.48, and I observe that the currency pair has provided bears with at least 600...
Gold H1 chart: Gold is in an uptrend and is currently trading around 2929. The H1 chart shows the price is approaching a significant resistance level 2935. It is suggested that if gold breaks this level, it may continue the uptrend and test higher...
EURUSD TECHNICAL ANALYSIS In the current movement of EURUSD, it can be seen that the price is still in a bullish condition, although if you look in more detail at the movement during this week, it seems that the movement is not always bullish,...
Expectations of a hawkish Federal Reserve, coupled with ongoing geopolitical tensions, continue to dampen investor sentiment, steering them away from riskier assets. This shift is evident in weaker equity markets and a persistent bid for safe-haven...