#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...
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...
In my analysis of the NZD/USD trading pair, I observe that the market has recently undergone a substantial decline, which I anticipate may continue in the short term. The price has recently wiped out two bullish candles with a single bearish candle,...
The current situation in the USD/CAD pair presents a complex and somewhat murky picture, making it challenging to determine the next clear direction. The recent decline in the pair aligns with the broader weakening of the US dollar following the...
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...
