The UK annual inflation data report (CPI y/y) which jumped more than expected, does not seem to make the outlook for the Pound Sterling currency strengthen against the Japanese Yen currency. If you look closely, the price actually decreased rather...
Crude oil prices this week tend to move down due to weakening demand and increasing production. The Energy Information Administration (EIA) noted that US crude oil reserves increased very rapidly. Crude oil prices have been burdened by concerns that...
Bullish Scenario: If the price reaches the demand zone and shows signs of a bullish reversal, such as a pin bar or engulfing pattern, this could be a strong signal to enter a long position. A successful bounce could see the EURCAD move back towards...
The AUDUSD market pair traded last Friday is still in a bearish state after the seller was able to maintain its bearish dominance by keeping the price moving down away from the seller's resistance area at 0.6236-0.6235 with the buyer's failure to...
XRP/USD H1 Chart The XRP/USD price shows strong bullish momentum today, with the current price at 2.1909. The market has successfully broken through the key resistance level at 2.1500, indicating that the uptrend is continuing. This development...
