Market Fundamentals: U.S. President-elect Donald Trump’s potential return to the White House has reignited concerns of a renewed trade war between the U.S. and China, which could weigh on the New Zealand Dollar (NZD), a currency often seen as a...
#SILVER Good day everyone! I noticed the following situation on the Silver pair: The linear regression channel on the daily chart has an upward slope, which shows that buyers are strong in the market. The activity of buyers shows an excellent...
The NZD/USD pair has climbed to a fresh weekly high near 0.5750 during Thursday’s European session, as bullish momentum strengthens in response to China’s latest stimulus commitments. The New Zealand Dollar (NZD) gains appeal due to its strong trade...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
Gold Current Market Overview Gold is trading at 2902, recovering from a daily low of 2896. The market is still bearish, with gold trading below the 100 Exponential Moving Average and 20 Simple Moving Average on the H1 chart. The Relative Strength...
