Gold prices today also continue to rise as they surpass the $2,000/ounce mark. At one point, gold reached $2017, the highest level since May. The market is cautious, preparing for the favored inflation measure of the US Federal Reserve - the PCE price index, which will be released later this week. -The US PCE inflation data will help strengthen bets on a Fed...
Dear friends, EUR/USD is maintaining a strong upward trend in the early trading hours of the new week, consolidating around the 1.0950 level and directly facing resistance at 1.095. This currency pair is currently supported by the selling of the US dollar and the slow pace of the US bond yields amid cautious sentiment. Data from the US and Lagarde's testimony are...
Dear friends, in general, Bitcoin continues to expand its trend on the daily timeframe. Currently, it is trading below the psychological resistance level of $38,000. The upward momentum of Bitcoin is consistently being restrained, but it still maintains a long-term upward trend. As long as it sustains its strong upward movement above the stable price channel at...
Currently, the USDJPY pair is still moving sideways throughout the trading session, hovering around the 149.00 level. At the time of writing, the price is trading at 148.97. With no major economic data expected to be released from Japan this week, the USD/JPY pair continues to rely on the momentum of the USD. From the analysis chart, we can see that USDJPY has...