Gold continued to trade in a narrow extent of consolidation near the recent maximum on Wednesday, indicating a period of stabilization before further potential movement. The market showed durability and set a higher daily and slightly higher daily...
A Deep Dive into EUR/USD Price Movement Our conversation revolves around the current pricing behavior of the EUR/USD currency pair, which we're analyzing. This week, the EUR/USD pair has shown inconsistent movement. On Monday, it attempted to...
I observe that the AUDUSD pair extended its downward trajectory, testing the lower Bollinger Band at 0.6206, where buyers stepped in to trigger a bounce, signaling potential short-term support. I note that the Federal Reserve’s hawkish rhetoric on...
The oil market is experiencing a period of cautious trading on Wednesday because investors are waiting for critical economic events, including a decision on the interest rate of the federal reserve and oil reports in the US. This uncertainty has led...
Currency pair EURUSD - let’s consider the daily period of the chart again. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the upper zone of purchases and above its signal line. So far, the...
