Investors are also awaiting the Federal Reserve’s (Fed) upcoming interest rate decision next week, with markets widely expecting the central bank to keep rates steady at 4.25%–4.5%, according to the CME FedWatch Tool. Meanwhile, Trump’s proposed...
Gold prices have continued their upward trajectory, breaking through the critical $2,900 per troy ounce level, driven by a combination of a weakening US Dollar and declining US Treasury yields across the curve. The XAU/USD pair has regained its...
The crude oil price chart on the H1 timeframe shows a clear downtrend, characterized by a series of lower highs and lower lows, indicating persistent selling pressure. The Bollinger Bands suggest that the price has been moving close to the lower...
The NZD/USD pair experienced a modest uptick on Thursday, climbing to 0.5650 as buyers attempted to drive the price higher. However, the upward movement lacked strong momentum, with the pair struggling to maintain a foothold above the 20-day Simple...
Gold caused a bull reversal on Thursday after forming a hammer candlestick, promoting prices to a daily maximum of $ 2,929. Despite some volatility throughout the session, the bullish impulse remained intact since gold continued to be merchant close...