Analysis of Recent Market Movements and Speculation on Fed's Rate Cuts: The currency pair experienced a remarkable surge to 157.10 during Friday's European session, reflecting substantial market movements. However, the asset quickly retraced its...
GBP/ USD Price Interpretation The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. The GBP/USD pair is currently trading in negative territory below 1.2759. The US dollar is outperforming its...
Crude Oil Price Dynamics The analysis of Crude Oil’s price behaviour warrants discussion. The weekly chart reveals that after touching the local support at 72.45, the price initiated a reversal in the market, evidenced by a bullish candlestick...
USD/CAD Weekly Forecast Greetings and Good Morning to all visitors! The Canadian CPI and other news events couldn't help the sellers successfully hold the support zone of 1.3732. However, the overall performance of USD/CAD sellers was good. Also,...
West Texas Intermediate (WTI) crude oil market was marginally higher during Friday's trading session, hovering around $75.50, indicating signs of fatigue. If the market retreats from this point, consumers are likely to step in, taking advantage of...