West Texas Intermediate (WTI) crude oil prices traded relatively flat on Friday, hovering around $73.65 per barrel. This stability occurred despite a tug-of-war between opposing forces. On one hand, the strengthening of the US dollar, driven by the...
•••EUR/USD Price Action: Analyzing Today's Trends(January 10,2025)••• • The EUR/USD pair has been bouncing around the 1.0308 mark as of today, January 10, 2025, creating an intriguing backdrop for traders. While the eurozone continues to grapple...
Technical Analysis AUD/USD H-4 Chart Hello everyone, technical analysis of the AUD/USD currency pair on the H4 chart: Moving Averages (MA): MA50 and MA200: Since the price is below both the moving averages (MA50 and MA200), it signals a bearish...
Market Sentiment and Trading Strategies for XAU/USD The XAU/USD market is currently in an uptrend, showing strong bullish momentum. The market is currently trading around 2673, having recovered from testing the daily low of 2668, indicating that...
The AUD/USD currency pair grapples with a confluence of bearish forces that have driven it to hover near its lowest levels in over two years, trading just below the 0.62 mark. This persistent weakness in the Australian Dollar is underpinned by...