Hello, Gold prices attract some refuges amid the growing threat of a US government shutdown. The global flight to safety led by a return to US bonds further benefits XAU/USD. The Fed’s dovish stance acts as a tailwind for the USD and should push it...
•••USD/JPY: Today’s Market Pulse – December 20, 2024••• ••Monetary Policy in Focus The USD/JPY currency pair is capturing attention today as central banks on both sides of the Pacific weigh policy decisions. In Japan, the Bank of Japan (BOJ)...
EUR/USD Technical Analysis Today, I noticed EUR/USD consolidating within a narrow range, with key support around 1.0600 and resistance at 1.0680. It’s sitting near the 50-day moving average, which indicates indecision in the market. The RSI is...
•••GBP/USD: A Tight Battle in the Forex Market(December 20,2024)••• The GBP/USD pair has been a focal point for traders today, as the currency battle between the British pound and the US dollar continues to unfold. With prices bouncing between key...
Forecast of Silver At the beginning of the previous month, the Silver shifted from a bullish to a bearish trend. However, at that point, the Silver began to move in the range zone, and for a few trading days, those range trading activities...