The GBP/USD currency pair experienced a surge on Wednesday, briefly testing a 10-week high and breaching the 1.2700 level for the first time since mid-December. However, this bullish momentum was short-lived, as shifting risk sentiment during US...
XAUUSD Technical Analysis XAUUSD is trading around 2907.87 on the H1 timeframe, showing strong bearish momentum as the price remains below the 150-period moving average. The RSI is at 41.93, indicating weak momentum and possible further downside....
West Texas Intermediate (WTI) crude oil prices experienced a period of fluctuation, settling around $68.70 a barrel during Thursday's Asian trading hours, following a dip to $68.29 on February 26th. The persistent downward pressure on crude oil...
Australia's annual inflation data (CPI y/y) did not change and remained flat at around 2.5%. This certainly encouraged the AUDUSD pair price to continue its downward rally. In addition, the Construction Work Done q/q data was also very pessimistic,...
USD/CAD Market Analysis: Bullish Trends and Future Potential The USD/CAD currency pair has been experiencing a bullish trend, and there remains potential for further appreciation. Generally, in a bullish market environment, traders should seek to...
