Gold H1 chart: Gold is in an uptrend and is currently trading around 2929. The H1 chart shows the price is approaching a significant resistance level 2935. It is suggested that if gold breaks this level, it may continue the uptrend and test higher...
Market Fundamentals: The National Bureau of Statistics (NBS) provided an optimistic economic outlook during a recent press conference, stating that the economy remains stable with growing signs of positive momentum. Consumption continues to recover,...
Crude Oil Market Update – February 18, 2025 What’s Driving the Market Today? The oil market is caught between two forces: supply concerns and demand uncertainty. Traders are watching headlines closely to see which side gains the upper hand. Why...
Currently, I observe that the pair is showing reluctance to close above the intermediate resistance levels, yet it is not displaying a strong downward momentum either. I notice that a short-term bearish trend has started to emerge, which I believe...
Market Fundamentalsovish remarks from US Federal Reserve (Fed) officials could weigh on the Greenback, providing an upside for the New Zealand Dollar (NZD). Fed Governor Christopher Waller stated that the US central bank might implement multiple...