OPEC’s dilemma: to freeze or boost oil production The global oil market is at a crossroads. Major oil producers are facing a dilemma: should production be increased or held steady? According to Reuters, citing informed sources, OPEC and its allies...
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The chart represents the price movement of XAU/USD on the H1 (hourly) timeframe, incorporating technical indicators such as Fibonacci retracement levels, Bollinger Bands, a descending trendline, and the Stochastic oscillator. The price is currently...
TRADING CHART ON AUD/USD H1. Here's our daily look at the AUDUSD. We'll be looking at how the price is moving on the 1-hour chart, based on supply and demand. The current price is about 0.6344. The closest area where buyers are likely to step in is...
Analysis of USD/JPY on the Daily Chart The USD/JPY currency pair appears to be primed for a downward movement towards the level of 146.50. This potential decline seems to be influenced by expectations surrounding the strengthening of the Japanese...
