EUR / USD: Today's Trading Recommendation The markets are not fully open, and as a result, the EUR/USD momentum is relatively sluggish at the moment. Yesterday, the price tested the support level at 1.0535, which held up, indicating that the...
In the immediate term, assuming sellers maintain control, the next support level is the November low of 0.6440 (November 14), followed by the 2024 bottom of 0.6347 On the upside, initial resistance is at the 200-day SMA of 0.6628, before reaching...
The US Census Bureau reported on Friday that Retail Sales increased by 0.4% month-over-month in October, exceeding the market consensus of 0.3%. Additionally, the NY Empire State Manufacturing Index for November posted an unexpected surge, coming in...
Silver Price Action Analysis: The Current Trend and Future Expectations In today's post, we will discuss the recent price action of silver and present our view. Our view of silver indicates that the upward trend, or the tendency to continue higher,...