The Cable has been showing signs of stability after bouncing off a two-month low. During the Asian session on Monday, the pair attracted follow-through buying, rising from the 1.2620 region to trade around 1.2653, reflecting a modest 0.11% gain for...
Spot oil prices are giving up some of their earlier gains as traders await the weekly stockpile data from the American Petroleum Institute (API). The initial price surge followed news that the U.S. President-elect plans to impose 25% tariffs on...
The precious metal has recently shown a strong bullish outlook, with two consecutive Japanese Hammer candlesticks signaling potential upward momentum. If the trend continues and Monday closes with a solid green candle, it could confirm the...
The renewed strong demand for the US Dollar, combined with political concerns in France, weighed on the European currency, pushing EUR/USD below the 1.0500 support level once again on Monday For now, the downside risks for EUR/USD remain in focus....
The broader market dynamics will also play a crucial role in shaping gold’s trajectory. Recent bullish candlestick patterns suggest a potential uptrend, but mixed economic data and looming bearish chart signals call for caution. Traders should stay...
