Market Fundamentals: The US Dollar (USD) remains resilient despite a brief corrective slide from a four-month high reached on Wednesday. Market optimism surrounding stronger economic growth and rising inflation under a potential second term for...
To be honest, I don’t find anything particularly surprising in the current market movement. I can clearly see the impulse movement that occurred after the pair fell from 1.48, and I observe that the currency pair has provided bears with at least 600...
PAIR REVIEW USDJPY Hello! USDJPY currency pair - we will consider today, Tuesday, the chart of the D1 period. The wave structure still has an ascending character of construction, but the MACD indicator is confident in the lower sales zone and below...
Market Fundamentals: The Institute for Supply Management’s (ISM) Services PMI fell to a three-month low of 52.1, down from 56.0 in the previous month and below market expectations. This weaker-than-expected reading reflects a slowdown in the...
Gold H1 chart: Gold is in an uptrend and is currently trading around 2929. The H1 chart shows the price is approaching a significant resistance level 2935. It is suggested that if gold breaks this level, it may continue the uptrend and test higher...
