The EUR/USD H1 chart reflects a bullish movement, with the price currently at 1.0464, testing an important resistance zone. The pair has been on an upward trajectory, forming higher highs and higher lows, signaling strong buying pressure. The price...
The crude oil price chart on the H1 timeframe shows a clear downtrend, characterized by a series of lower highs and lower lows, indicating persistent selling pressure. The Bollinger Bands suggest that the price has been moving close to the lower...
The US Dollar Index (DXY) faced significant downward pressure, retreating to the 107.20 zone, marking its lowest level in two weeks. This decline was primarily driven by falling US Treasury yields across the curve, as investors adjusted their...
The People's Bank of China (PBOC) Governor, Pan Gongsheng, reaffirmed the central bank’s commitment to maintaining ample liquidity through interest rate and reserve requirement ratio (RRR) adjustments. He also emphasized China’s role as a key driver...
The recent shift in US monetary policy, aimed at strengthening negotiating leverage while preventing a sudden surge in inflation, has led to a modest decline in US Treasury bond yields, which in turn has bolstered demand for gold. Meanwhile, the...