Easing geopolitical tensions in the Middle East have alleviated concerns over potential supply disruptions. On Friday, the US President expressed optimism about resolving the ongoing conflict between Israel and Iran, stating that a diplomatic...
#GOLD Gold prices continue to rise and even strengthening the US dollar yesterday did not allow the bears to draw a bearish candle based on the trading results. The demand for gold remains very high considering the general uncertainty in the...
Forecast of Crude Oil The buyers seem stronger on the lower time frame chart because the final candle is a bullish pin bar, while the second last candle is a robust bullish engulfing before the trading market closes. The price of Crude Oil closed at...
Hammer Candlestick Chart Pattern The Hammer candlestick pattern is a key bullish reversal pattern that appears after a downtrend. It signals a potential change in momentum from selling pressure to buying interest. Traders and investors use this...
Investors are closely monitoring upcoming speeches from Federal Reserve officials Christopher Waller and Raphael Bostic for potential insights into the future trajectory of US interest rates. The focus now shifts to key economic indicators,...