The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
US President Donald Trump’s tariff threats initially drove Silver futures premiums higher as traders braced for potential disruptions. However, reports that Trump would delay imposing new tariffs helped ease concerns, leading to a decline in...
I observe the current D1 chart for gold (XAUUSD) shows a bullish wave structure building higher. I notice the MACD indicator is rising in the upper buy zone, staying above its signal line, which I interpret as ongoing upward momentum. I recall that...
THE CURRENCY PAIR USD-CAD The weekly chart can only give a general idea of the instrument, and what will happen in a more local plan is another question. But on the weekly chart, you can see a beautiful decline candle, within which all subsequent...
Market forecasts suggest a marginal slowdown in economic activity, with the Services PMI expected to ease to 52.2 from the previous month's 52.4. Meanwhile, mixed expectations surround US PMI data, as the Manufacturing PMI is anticipated to rise...
