Crude Oil Technical Analysis: Bearish Trend Continues Crude oil prices clearly show a bearish trend as the market structure continues to trend bearish in the 1-hour timeframe. The market has been steadily following its downward trajectory,...
USD/JPY shows signs of force as consolidated The US dollar initially retreated against the Japanese Jenu during the Friday trade session, which was influenced by the recent Bank of Japan decision to raise interest rates. However, it seems that the...
The EUR/USD pair is displaying a consolidation phase on the hourly chart, indicating indecision among market participants. Over the past few sessions, the pair has been trading within a narrow range, with the 1.0800 level acting as a central pivot...
Financial markets are widely expecting the US Federal Reserve to lower its benchmark interest rate by another quarter percentage point from the current target range of 4.5%-4.75%. This follows a series of rate cuts totaling 75 basis points in...
NZD/ USD Price Overlook The correction of the dollar index approaching the level of 107.00 has weakened the outlook for the US Dollar currency in almost every currency pair. Without exception for the NZDUSD pair which has been moving up this week....