Investors will closely watch upcoming U.S. economic releases, particularly the Producer Price Index (PPI), which is expected to show a 1.6% year-over-year (YoY) increase in the headline figure, with the core PPI likely rising by 2.7% YoY. If the...
Elon Musk files a fourth lawsuit against OpenAI Elon Musk continues his legal battle with OpenAI, filing another lawsuit that calls into question the legitimacy of its commercial activities. According to Musk, OpenAI's actions create obstacles for...
Forecast of USDCAD The USDCAD price is now trading in the range zone on the H4 time frame chart, but it has recently had a significant increase and tested the range zone's resistance level. As a result, the price should descend to test the support...
The pair’s movement in the coming weeks will be heavily influenced by broader market sentiment, with shifts in global risk appetite playing a pivotal role. If investors start gravitating toward riskier assets or if the U.S. economy stabilizes, the...
Technical and Fundamental Analysis of Gold H4 chart: Gold is trading around 2644 after testing 2635 against the 100 SMA on the H4 chart. The test of the 100 SMA shows that this level is acting as a support zone and indicates a pullback and bullish...