The upcoming week (February 24 to March 1, 2025) features several significant economic events that could influence the forex markets. Monday, February 24: German Ifo Business Climate Index (February): Scheduled for release at 09:00 AM GMT, this...
Forecast of Silver As it performed strongly in favor of buyers, the price previously stayed in the range of 32.294 for the last several trading days of the daily time frame chart. Ultimately, on Tuesday of this week, the price of silver rose due to...
XAUUSD Technical Analysis Gold (XAUUSD) is currently trading near $2937, showing consolidation after a recent bullish move. The 150-period moving average (MA) on the H1 timeframe is positioned below the price, indicating short-term bullish control....
The USD/JPY H4 chart shows significant price action, with a clear downward trend forming after an extended bullish rally. The price has recently tested the 149.28 level, which acts as a key support zone. Looking at the historical price movement, the...
The EUR/USD pair experienced a decline during Friday's North American trading session, falling to approximately 1.0460. This downward movement was largely attributed to the release of the preliminary Hamburg Commerzbank (HCOB) Purchasing Managers'...