Crude oil prices have faced notable fluctuations recently, with US stockpiles expected to have decreased by around 2.1 million barrels over the past week. This decline, predicted by a preliminary Reuters poll, comes ahead of upcoming reports from...
Traders focusing on the price should exercise patience and wait for clearer market confirmation before making any significant moves. The pair's outlook remains cautious, as it struggles to reclaim the 1.2800 level, weighed down by the strength of...
The near-term outlook for the price remains predominantly bearish, with the pair showing limited signs of recovery. Despite some consolidation around current levels, the price continues to face significant downward pressure. The Euro has struggled...
The outlook for the pair remains predominantly bearish, driven by the continued strength of the US Dollar. Recent economic data from the US has exceeded expectations, bolstering the Dollar and highlighting resilience in the labor market. As a...
GBP/USD Technical Analysis Last Week’s Results: GBP/USD tested the low of 1.2615 earlier this week and then experienced a strong bullish recovery. However, on Friday, the pair broke a key trendline on the hourly chart, indicating underlying bearish...