The currency pair has recently dropped to a new 24-month low of 1.0330 during Friday’s North American session, marking a significant decline. The euro has faced downward pressure as traders anticipate further interest rate cuts from the European...
Forex and Cryptocurrency Forecast for November 25 – 29, 2024 As we step into the last week of November, global financial markets are grappling with a mix of challenges and opportunities. Geopolitical developments, including the escalation of the...
Crude Oil Price Movement Insights The discussion is about analyzing the price behavior of crude oil. I managed to cover my sale on the rebound and run out of the market in time. Moreover, yesterday there was an excellent entry for bulls from the...
GBP/USD Today The GBP/USD pair is trading within a tight range as markets digest the latest economic data. Right now, the key support level seems to be around 1.2250, while resistance is at 1.2350. Technically, the RSI looks neutral, so there’s no...
The GBP/USD currency pair has been entrenched in a bearish trend for several months, driven by ongoing economic challenges in the UK and dovish policy actions from the Bank of England (BoE). However, the current technical setup on the weekly chart...
