The gold market faces a series of challenges, particularly from the strengthening US Dollar and concerns surrounding China’s economic slowdown. Despite these pressures, the medium-term outlook for gold remains positive. One key factor influencing...
Forecast of Crude Oil Crude oil crossed the moving average lines to the upside and changed the trend direction on the H1 and H4 time frame charts, indicating that the price of the commodity rose significantly and firmly yesterday. I tracked the...
The global economic landscape remains highly unpredictable, with factors such as geopolitical tensions, fluctuations in commodity prices, and shifts in central bank policies all capable of rapidly altering the course of the AUD/USD pair. In such a...
•••USD/JPY: Navigating Volatility in the Forex Market(December 4,2024)••• The USD/JPY currency pair is in the spotlight today, reflecting a dance between bullish and bearish forces. As of now, the pair trades around 152.82, showcasing the impact of...
The price has recently reached a multi-day low, dipping slightly below the 0.5830 mark during North American trading hours on Wednesday. This decline is primarily attributed to a rebound in the US Dollar (USD) following the release of the United...