XAU/USD has been showing a promising bullish trend recently, with the formation of two consecutive Japanese Hammer candlesticks on Tuesday and Wednesday, signaling potential upward movement. This price action, coupled with a solid green close on...
The EUR/USD currency pair experienced a sharp decline at the beginning of the week, falling below the psychologically significant 1.0500 level. However, a modest recovery followed, with the pair reaching 1.0530 on Wednesday as buyers stepped in....
The currency pair has been drifting lower, hovering around the 0.8840 level during the early European session on Wednesday. This decline is primarily driven by persistent safe-haven flows, as investors remain uncertain about the outcome of the...
The upcoming OPEC+ meeting is expected to discuss crude oil production capacity for 2025. If the current production cut policy is maintained, it could drive oil prices higher, currently ranging between $70 and $68 per barrel. However, the impact...
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