EURUSD TECHNICAL ANALYSIS Our predictions regarding the rise of EURUSD were incorrect. In reality, there were no surprises since, from a technical analysis perspective, the pair behaved as expected. The day before yesterday, a downward trend...
GBP/USD – Weekend Week Ahead As we head into the weekend, I’m watching GBP/USD, which is sitting around the 1.2450 level after a pretty choppy week. The pair dipped close to 1.2400 before bouncing a bit, but overall, the momentum still feels a bit...
On Friday during the Asian trading hours, the USD/JPY pair kept moving downwards, trading near the 143. 55 mark. This ongoing drop was mainly due to a general weakening of the US dollar amid increasing market uncertainty. Worries about the future of...
Oil prices have continued their downward trajectory, primarily driven by escalating concerns regarding the deterioration of global economic expectations. This bearish sentiment was amplified on Wednesday, as West Texas Intermediate (WTI) crude oil...
The USD/CHF currency pair saw a significant drop, falling to about 0. 8530 during the early hours of European trading on Thursday. This decline is mainly due to rising trade conflicts between the United States and China, which are the two biggest...