The gold market is experiencing a notable surge, defying the typical correlation with a weakening US dollar. This upward trend, observed across all major precious metals, reflects a confluence of factors, primarily driven by heightened market...
ANALYSIS OF GBP/CAD PAIR. The GBP/CAD H1 chart shows a significant structural shift, as the price has breached a crucial support level near 1.8422, marking a transition from an extended bullish phase into potential bearish territory. Initially, the...
Good day to all! Today, I am focusing exclusively on selling the USD/CHF currency pair based on the current market setup. I have observed that the last daily candle closed with an update of the Level of Interest (LOI), which reinforces my bearish...
The chart provided is a 1-hour candlestick chart of the Gold Spot/U.S. Dollar (XAU/USD) pair, showing price movements over a period from March 28 to April 4. The chart includes several technical indicators and annotations, such as buy/sell signals,...
Hello, people. Today, it is an important indicator of average income time, labor costs, inflation, and labor market confinement released by the U.S. Bureau of Labor Statistics. The Federal Reserve is taking note when interest rates are set. The...