US West Texas Intermediate (WTI) crude oil prices continued their upward trend for a second consecutive day on Monday, rebounding from their lowest levels since December 30th, which were recorded last week in the $70.25-$70.30 per barrel range....
General Points about USDCHF: The sellers of USDCHF have also been quite strong, similar to the sellers of USDCAD, showing how interconnected various currency pairs can be in reaction to economic events. A key factor driving this strength in USDCHF...
Today, an interesting gap formed on the USDCAD pair as the price sharply jumped to the resistance level of 1.4360, which marks the upper boundary of the current side channel. Despite this movement, the overall market structure remains unchanged....
USDJPY USDJPY outlook: The USD/JPY pair continues to show strong bullish momentum as the U.S. Dollar remains supported by economic resilience in the U.S. and ongoing Federal Reserve tightening. Meanwhile, the Japanese Yen continues to struggle due...
XAU/USD Market Analysis Gold (XAU/USD) opened today at $2866, following a relatively tight range on Friday between $2860 and $2869. The market showed bullish momentum as it broke above Friday’s high, reaching $2881. Currently, the all-time high...