The US Dollar's strong recovery continues to exert downward pressure on EUR/USD, with the pair retreating towards the critical support level of 1.0800. The prevailing risk-off sentiment in global markets, coupled with upbeat US economic data, has...
Based on the current technical analysis of the EUR/GBP currency pair, I observe that the pair has experienced a downward movement today, contrary to my initial expectation of an upward trend. I note that the pair tested the 0.8380 level and is...
The British Pound (GBP) experienced a decline of approximately 0.29% against the US Dollar (USD) on Friday, and is poised to conclude the week with relatively flat trading against the greenback. This subdued performance follows the monetary policy...
The USD/CHF H4 chart presents an interesting setup with price action moving within a consolidation phase after a notable downtrend. This chart utilizes Bollinger Bands and a Stochastic (5,3,3) indicator, both of which help traders identify potential...
WTI Crude Oil is trading at $68.25, showing a minor decline of 0.09%. The chart highlights a period of consolidation, as the price moves within a narrow range between key support and resistance levels. Both buyers and sellers seem hesitant to take...
