On Thursday, the EUR/USD currency pair experienced a significant surge, reaching its highest valuation in almost two years. This upward momentum culminated in the pair decisively breaking above and closing above the crucial 1.1200 level for the...
West Texas Intermediate (WTI) crude oil prices plunged to a new low of $56.70 on Wednesday, a level not seen since January 2021, driven by a deteriorating global economic outlook. The imposition of a 104% US import tariff on Chinese goods has...
GBP/USD Greetings and Good Morning to all! The UK GDP rate was better, and the market of GBP/USD remained in favor of buyers. Therefore, it had crossed the 1.3000 zone successfully. Overall, this week has proven unfavorable for the USD. Each major...
USD/CAD 4-Hour Technical Analysis: Key Levels and Indicators The USD/CAD currency pair is exhibiting a consolidation phase on the 4-hour chart, with traders closely monitoring pivotal support and resistance levels to gauge potential breakout or...
Technical analysis of USDJPY Today I will start technical analysis on USD/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 144.01 and above support...
