The British pound gained ground against the US dollar on Wednesday, extending its recent rebound. This rise was fueled by weak US economic data. A key indicator, the US Services Purchasing Managers' Index (ISM), dipped to a two-year low of 48.8 in...
USD/JPY PAIR REVIEW The Japanese yen's value losses increased to more than 161.90 against the US dollar, and fell to its lowest levels in 38 years due to the stark differences in interest rates between Japan and the United States of America. The...
EUR/USD Pair Transitions to Bullish Trend: Key Levels to Watch The EUR/USD currency pair has recently shown signs of transitioning from a sideways trend to a bullish trend on the H4 chart. This shift is crucial for traders as it indicates a...
The price of US West Texas Intermediate (WTI) crude oil staged a dramatic turnaround on Wednesday, bouncing back from an initial dip to reach a new high of $83.50 per barrel. This surge came despite earlier weakness in the market driven by...
EUR/USD H-1 You are right, and foreign exchange news sometimes leads to miracles. When writing this post, the EURUSD currency on the H1 chart is very flat, 1.07880. InstaForex's indicators (in this forum, the first part shows the equality between...