Gold prices surged on Thursday, driven by growing market expectations of an imminent policy easing cycle from the Federal Reserve. According to the CME Group's FedWatch Tool, traders are increasingly betting on interest rate cuts at the Fed’s...
USD/CAD Weekly Forecast Good Morning to everyone! As we know the overall market of USD/CAD was in favor of sellers this week. It crossed the 1.4421 zone yesterday. However, this week has presented a particularly tough environment for US traders, as...
BTCUSD(Bitcoin) Bitcoin (BTC) outlook: Bitcoin (BTC) is holding steady at $105,057, reflecting a modest 0.53% uptick from the previous day’s close. As the leading cryptocurrency, Bitcoin continues to be a focal point for traders, with both...
AUD/USD Weekly Outlook Greetings and Good Morning to Everyone! The Australian Employment Changes had reached from 14.5K to 67.3KUnemployment Rate remained at 4.0%. This week proved to be quite challenging for US traders, with a series of economic...
I am focusing on the weekly timeframe today, where I see a potential descending channel, with the price currently sitting at its upper border. I believe today will reveal whether the price breaks out of the channel upwards or remains within it. I...