AUD/USD continues to show strong movement, falling sharply on Tuesday. In the European session, AUD/USD is trading at 0.6400, down 0.61% at the time of writing. The RBA maintains the cash rate There was no surprise as the Reserve Bank of Australia...
Forecast of Crude Oil On the H4 time frame chart, I can see that the price of Crude Oil increased steadily over the last trading day, which is why it tested the 50 EMA line. The price of Crude Oil dropped for the price adjustment since its crossover...
Euro margins fell as CPI data expected The Euro saw a slight decline during Tuesday's trading session as it appeared to be heading for the critical 1.05 level. This zone has consistently served as a key focal point in recent trading, acting almost...
Kuwait spends billions on oil extraction Oil is a priority for Asian countries. Kuwait is a prime example. Kuwait Petroleum Corp., the country’s largest company, plans to invest 10 billion dinars ($33 billion) over five years to boost its oil...
EUR/USD has fallen back below 1.0550 in the European session on Tuesday, driven by fading optimism over potential stimulus measures from China, which has allowed the US dollar to regain strength. The increased dovish stance towards the European...