West Texas Intermediate (WTI) crude oil prices experienced a significant surge on Tuesday, reaching their highest level since October 8th, driven by a confluence of factors. The Biden administration's imposition of new sanctions on Russian oil...
The NZD/JPY pair appears to be in a consolidation phase, with critical technical levels determining its next move. The pivot point at 87.05 is of particular importance, as it acts as a key support level. If the price rebounds from this point, a rise...
The EUR/USD currency pair continued its downward trajectory on Monday, reaching a fresh 26-month low of 1.0200, a level not seen since late 2022. This decline occurred against a backdrop of lackluster European economic data and the anticipation of...
The NZD/USD currency pair exhibits a bullish trend, with a potential rise of 31 to 46 pips, as long as the support at 0.5572 holds. The RSI, trading above 70, suggests that the pair is in a strong uptrend, but it may also indicate an overbought...
EUR/USD Price Update The EUR/USD currency pair's price action will be the subject of our analysis and discussion. The EUR/USD pair on the M30 timeframe showcases a well-defined upward channel, marked by yellow trendlines. This indicates a...