The outlook for the pair remains predominantly bearish, driven by the continued strength of the US Dollar. Recent economic data from the US has exceeded expectations, bolstering the Dollar and highlighting resilience in the labor market. As a...
Crude oil prices have faced notable fluctuations recently, with US stockpiles expected to have decreased by around 2.1 million barrels over the past week. This decline, predicted by a preliminary Reuters poll, comes ahead of upcoming reports from...
GBP/USD Technical Analysis Last Week’s Results: GBP/USD tested the low of 1.2615 earlier this week and then experienced a strong bullish recovery. However, on Friday, the pair broke a key trendline on the hourly chart, indicating underlying bearish...
The near-term outlook for the price remains predominantly bearish, with the pair showing limited signs of recovery. Despite some consolidation around current levels, the price continues to face significant downward pressure. The Euro has struggled...
The Spot price faces a complex and uncertain outlook, influenced by both external and domestic factors. On the global front, ongoing geopolitical tensions in the Middle East continue to weigh heavily on investor sentiment, adding a layer of...