On Monday, the spot price touched a fresh low against the Dollar, although concerns about potential government intervention curbed aggressive selling. A modest downtick in the USD also failed to fuel substantial momentum, keeping the pair just above...
GBP/USD Technical and Fundamental Analysis and Key Concepts The GBP/USD market is clearly bearish during today’s trading session. The hourly chart shows prices below the 100-period Exponential Moving Average (EMA) and the 20-period Simple Moving...
On Monday, the spot price retraced its gains from the previous session against the Dollar. Supported by a hawkish Bank stance and stimulus measures from China, its largest trading partner, the price has showcased resilience in a challenging global...
The United States recently imposed expanded sanctions on Iran’s petroleum and petrochemical sectors in response to an Iranian missile attack on Israel, heightening concerns in the global oil market. As reported by Reuters, these sanctions add a...
The Aussie dollar rebounded sharply in early trading, but the broader picture suggests the market is looking for a clear direction. Similar to the Euro, the Aussie appears to be forming a consolidation range, with key technical levels shaping its...
