The EUR/USD currency pair experienced a rebound on Thursday, gaining 0.71% and moving closer to the 1.0600 level. This upward movement was fueled by several factors. Firstly, European retail sales data, while slightly below expectations,...
GBP/USD has shown limited movement in recent hours, maintaining a position above the 13-period Simple Moving Average (SMA) at 1.2755. This suggests a mild bullish bias, although the overall trend remains uncertain. The pair's immediate resistance...
THE CURRENCY PAIR GBP-AUD The GBP/AUD pair is reacting to the general decline in the pound rate, caused by a decrease in the volume, instead of the expected growth, of retail sales in the UK. Sellers have overcome the level of 1.9532 (Murray 4.8)...
EUR/USD H-1 At the time of writing, the EURUSD pair is undergoing a southern correction in the upper half of the chart at 1.05681. InstaForex indicators on the forum show a slight advantage for buyers in the first part of the 55.55% range. In the...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL I would explain recent price movements in the Crude oil market. From a technical standpoint, Crude oil is trading at 68.20 at the time of writing. In the long term, Crude oil is bearish now, while...