West Texas Intermediate (WTI) crude oil, the U.S. benchmark, experienced persistent selling pressure in early European trading on Monday, hovering around the $66.45 mark. This downward trend was primarily attributed to mounting concerns regarding...
I agree with the analysis, and I believe the current market situation presents an interesting opportunity. I think there is a strong support zone between 158.96 and 158.55, which could serve as a key level for potential buying opportunities. If the...
ANALYSIS OF GOLD PAIR. The provided chart represents the GOLD H1 timeframe, showcasing price movements with a red moving average line acting as a dynamic resistance. The price recently declined after failing to sustain above key resistance near...
The EUR/USD pair started the week with muted price action, maintaining its position near recent multi-month highs around the 1.0830 region. Traders remain cautious as they brace for a week packed with critical US economic data that could shape the...
Analyzing the current situation with the euro/dollar and pound/dollar pairs, I observe that the market is in a state of uncertainty, particularly with the euro/dollar trading slightly below its local high of 1.0875. I note that the pair is currently...