Recent domestic challenges within the Eurozone, particularly in key member states, have put pressure on the Euro’s appeal. The collapse of Germany’s three-party coalition has coincided with a period of economic struggle. While Germany managed to...
Crude Oil Price Momentum The current topic of discussion is the Crude Oil price behavior analysis. A weekly side triangle has formed on the chart, bounded by the top and bottom levels. Meanwhile, the 24-day zigzag on the daily time frame failed to...
Trump’s tariff chatter, coupled with a rebound in European stocks and a more upbeat tone in US futures, helped Gold prices stage a solid recovery and partially offset Monday’s steep pullback, climbing above the $2,750 region on Tuesday.From a...
WTI oil price edged higher from new almost one month low on Tuesday, signaling that steep fall that extends into second week, may take a breather.The drop was sparked by profit-taking from previous $66.98/$79.35 rally, likely boosted by signals from...
Gold Price Direction Summary The present analysis of Gold price behaviour is subject to discussion. This strengthening is likely due to expectations that the refinancing rate will remain unchanged during the upcoming Federal Reserve meeting. Despite...