#CL You are right, most of the cartel countries will not rush to fulfill Trump’s wishes, but this is unnecessary, a few taking part countries are enough. For example, if Trump convinces Saudi Arabia to increase production, promising it a share of...
EUR/JPY: Opportunity to go for a short trade to make some green pips. The overall trend of the market is bearish. The market respects EMA 31 and EMA 56. The bullish MACD divergence appeared on the hourly time frame. A bullish pullback has a great...
USDCAD USD/CAD outlook: U.S. Tariff Announcement on Canadian Goods: The latest tariff announcement on Canadian goods has created significant uncertainty, with markets reacting negatively. The Canadian Dollar (CAD) has taken a hit, as investors...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair has been in a volatile state for the past few days. The pair fell after hitting a three-week high of 1.2521 on Monday. The decline pushed the pair below the crucial 20-period simple moving...
On Wednesday, the NZD/USD currency pair recorded a modest increase of 0.30%, reaching a price level of 0.5615. This uptick occurred as the pair extended its gains above the 20-day Simple Moving Average (SMA). The movement above this moving average...