Gold Technical Analysis If you monitor the price development based on the H4 period on the right, it appears to be a strong buy candle, that is, the closing price above the Middle Bollinger Bands line, indicating that the buyer strength can reach...
China's Caixin Services PMI unexpectedly dropped to 51.5 from 52.0, intensifying concerns about the fragile recovery in the world's second-largest economy. This has added pressure on the Australian Dollar (AUD), often seen as a proxy for Chinese...
The shared currency continues to struggle under the weight of expectations for more aggressive interest rate cuts by the European Central Bank (ECB) amid a gloomy Eurozone economic outlook. The ECB is projected to lower its Deposit Facility Rate by...
Gold Technical Analysis Gold prices are experiencing a significant movement in the 30-minute timeframe, which plays a major role in shaping the market's direction. This timeframe usually acts as a pivotal structure that influences whether the market...
USD/JPY shows signs of force as consolidated The US dollar initially retreated against the Japanese Jenu during the Friday trade session, which was influenced by the recent Bank of Japan decision to raise interest rates. However, it seems that the...