The direction of the pair is expected to be heavily influenced by upcoming developments in European Central Bank (ECB) monetary policy. Traders are closely monitoring the possibility of a rate cut in December, which could significantly impact the...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. The EUR/USD market price fell at dawn and helped the trend line price drop. The price of the battle is well aligned with the trend line, and after reaching this timeline,...
Support and Resistance in Forex Trading Support and resistance are fundamental concepts in Forex trading that help traders identify key price levels on a chart. These levels act as barriers where the price tends to pause or reverse, providing...
Hello, Gold price struggles to gain any meaningful traction and remains rangebound. Less dovish Fed and higher US bond yields limit the non-yielding XAU/USD. Geopolitical risks provide support to the safe-haven precious metal ahead of the FOMC...
On Tuesday, West Texas Intermediate (WTI) crude oil hovered around the $70.20 mark. As investors awaited the Federal Reserve's interest rate decision on Wednesday, a cautious sentiment prevailed in the market. One major factor influencing oil prices...
