West Texas Intermediate (WTI) crude oil prices kicked off the new week with a dip, retreating from the six-week high above the $71.45 level reached on Friday. As of Monday, the commodity has trimmed some of the modest gains seen during the Asian...
The Swiss Francs has recently found support at the 200-day Simple Moving Average (SMA) around the 0.8820 mark. While the pair could still recover from this level and potentially resume its uptrend, mounting evidence suggests that a reversal might be...
Gold prices are currently in a consolidation phase, driven by a mix of bullish and bearish factors. Following a breakout above $2,665, there’s growing optimism for further gains. However, the next move for the yellow metal will largely depend on key...
EUR/USD Technical Analysis: Methods and Insights 1. Support Resistance Levels Formal: Support and resistance levels are fundamental tools for technical traders. They identify price zones where the market repeatedly reverses or stalls. For EUR/USD:...
The British pound surged against the US dollar during the North American trading session on Monday, reaching a high of around 1.2670. This significant upward movement was triggered by the release of the UK Purchasing Managers' Index (PMI) data from...
