Why is the Euro in the Spotlight? The euro (EUR) remains one of the most discussed currencies globally. Its fluctuations against the US dollar (USD) and British pound (GBP) draw significant attention from traders and analysts alike. A key factor in...
PAIR REVIEW EURUSD There is a high probability that the price of the EURUSD pair, even lower to the support level of 1.0430-55, can be pushed down before they give a rollback. And in this case, of course, it is necessary to watch the size of this...
IEA warns of global oil glut of 1 million bpd in 2025 The crude oil market could be heading for a glut. According to Bloomberg, citing the International Energy Agency (IEA), the global petroleum market is projected to face a surplus of more than 1...
Trading journal Thursday, November 21, 2024 USDCHF Good afternoon, Analysis using a 4-hour time frame shows that on Wednesday night's trading, the UsdChf pair is still trying to swing to maintain an upward wave by trying to move away from the...
The market's broader trend on the H1 timeframe shows a recovery from the lows near 0.6460. After an extended bearish phase, the pair has begun forming higher lows and higher highs, suggesting a shift in sentiment toward bullishness. However, the...
