The current geopolitical climate, particularly in the Middle East, significantly influences the oil market's volatility. Ongoing conflicts in the region could lead to sudden disruptions in oil supply, causing sharp price fluctuations. This...
The EUR/USD currency pair kicked off the new trading week on a weak note, falling below the 1.0600 level and settling around 1.0500. This decline was primarily driven by a stronger US dollar, fueled by positive US economic data and a less dovish...
The broader market dynamics will also play a crucial role in shaping gold’s trajectory. Recent bullish candlestick patterns suggest a potential uptrend, but mixed economic data and looming bearish chart signals call for caution. Traders should stay...
The price started the week on a softer note, losing another 0.25% against the US Dollar (USD), marking its ninth consecutive day of decline. This continued downtrend raises questions about whether traders will seize the opportunity to take profits...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good Morning. I'll be writing an essay today regarding how prices are behaving right now on the EUR/USD market. EUR/USD is trading at 1.0487 at the time of writing. The USD index is testing the...
