Understanding Crude Oil Prices Let's analyze the current crude oil price behavior. On Tuesday, WTI crude oil prices fell for the fourth consecutive day, driven by concerns about raw material demand and strong demand for US dollars. The escalating...
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Profit Potential in GBP/USD The analysis of the GBP/USD currency pair's price action will be the main topic of our conversation. The GBP/USD pair has experienced significant movement today, making it unlikely for sellers to drive the pair lower. A...
EUR/USD technical analysis The EUR/USD price has changed slightly from a bullish trend to a bearish trend in the last few days after it reached a high of 1.0915 on the 4-hour chart. Yet the air is slowly becoming thinner again, and the first signs...
**EUR/USD Market Analysis - August 6, 2024** The EUR/USD currency pair continues its upward trend, hovering around 1.0950 during Tuesday’s US session. This upward momentum for the Euro is primarily due to the weakening US Dollar (USD), fueled by...