Gauge market dynamics by examining sentiment indicators, position ratios, price fluctuations, and technical signals to determine prevailing bullish or bearish trends
Gold is trading back around the $2,400/oz. level after posting a fresh multi-decade high earlier this week. The backdrop for the precious metal still remains positive.
Monitor market sentiment, analyse position ratios, track percentage changes, and assess trading indicators to identify current bullish or bearish momentum.
The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections, now key.
UK jobs data came in largely in line with expectations with the unemployment rate remaining at 4.4% while average earnings eased to 5.7%. Claimant count remains a concern
Yen surges against USD amid speculation of more Japanese intervention. Explore the factors driving this sudden shift and its implications for forex traders