Oil edges with higher resistance Oil extended its gradual recovery on Thursday, building on gains from earlier in the week when it hit a swing low of $66.86. The commodity hit an intraday high of $70.67 before hitting resistance, prompting a...
Gold prices surged for the fourth consecutive day on Thursday, reaching $2,660, as investors sought refuge in safe-haven assets amid a broader market risk-off sentiment. This shift was primarily triggered by disappointing financial results from...
GBP/USD Today, GBP/USD is moving cautiously as the market reacts to a mix of data and sentiment shifts. On the UK side, inflation figures released earlier this week showed a slight decline, which has dampened expectations of immediate rate hikes by...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Today, I am doing my trading analysis on EUR/USD. Looking at this timeframe of the EUR/USD market, the chart for EUR/USD shows that the EUR/USD hit $1.0500 on Friday, and EUR/USD is trading at 1.0470...
General points of AUDCHF: The AUDCHF market is currently trading around the 0.5750 level, presenting the potential for further declines. This indicates a bearish outlook, which requires traders to focus on developing a robust selling strategy that...
