WTI Crude Oil has experienced a volatile resurgence during the Asian trading session, rebounding by approximately $4 per barrel to trade near the $89.00 level. This price action follows a period of intense selling pressure and serves as a direct...
DAILY CHART ANALYSIS OF GBP/USD The price of GBP/USD continues to show underlying strength and firm price action as it trades well above the 1.3500 level. GBP/USD is steady near the daily pivot level of 1.3551. This suggests sustained buying...
EUR/JPY DAILY CHART ANALYSIS The value of the EUR/JPY currency pair is still rising, with the current price action remaining above the recent breakout zones, and the demand on intraday dips is still evident. The pair is displaying an upward, bullish...
GBP/USD H4 CHART ANALYSIS GBP/USD has been consistently above the 1.3550 mark but has slightly decreased at the beginning of the European market as demand for the US Dollar has impacted the market. The overall momentum of the pair was only slightly...
The foreign exchange market is a highly interconnected financial system where currencies do not move in isolation. One of the most important yet often overlooked concepts in forex trading is market correlation. Market correlation refers to the...
