Gold prices have continued their upward trajectory, breaking through the critical $2,900 per troy ounce level, driven by a combination of a weakening US Dollar and declining US Treasury yields across the curve. The XAU/USD pair has regained its...
Investors are also awaiting the Federal Reserve’s (Fed) upcoming interest rate decision next week, with markets widely expecting the central bank to keep rates steady at 4.25%–4.5%, according to the CME FedWatch Tool. Meanwhile, Trump’s proposed...
Gold caused a bull reversal on Thursday after forming a hammer candlestick, promoting prices to a daily maximum of $ 2,929. Despite some volatility throughout the session, the bullish impulse remained intact since gold continued to be merchant close...
Technical analysis of the USDJPY pair The technical analysis of the pair on the 4-hour chart shows that the price has reached a support area, which is the weekly pivot level and the retest level of the broken channel. By tracking the price movement...
The NZD/USD pair experienced a modest uptick on Thursday, climbing to 0.5650 as buyers attempted to drive the price higher. However, the upward movement lacked strong momentum, with the pair struggling to maintain a foothold above the 20-day Simple...
