Technical Analysis: WTI Crude Oil On the technical side, WTI crude oil recently breached a vital downtrend line. The old resistance is at $70.70. This movement indicates a shift in market sentiment and may trigger a bullish momentum. Moreover, this...
As yellow metal prices continue to fluctuate within a well-defined range, the ongoing tension between geopolitical instability and economic policy decisions remains crucial in determining the metal's next major price movement. While the near-term...
Technical Analysis: USD/JPY On the technical aspect, the USD/JPY currency pair has also demonstrated quite fair strength as it traded below the 154.10 level at the start of the new week. The stability implies that the currency pair is resiliently...
The pair continues to exhibit a positive outlook, primarily driven by broader market conditions that favor the strength of the U.S. dollar. However, traders should remain cautious, as potential shifts in sentiment could arise from key economic data...
GBP/USD continues to fall following poor results from key UK economic indicators and rising geopolitical concerns. Technical analysis shows that the pair has the potential to test significant supports at 1.2445 and possibly the yearly low of 1.2299....
