West Texas Intermediate (WTI) crude oil futures were trading around $71.00 in early Asian trade on Thursday, experiencing a decline influenced by a significant surge in U.S. crude inventories and renewed concerns about trade tensions between the...
February 6, 2025 Gold (XAU/USD) continues its impressive rally, reaching new all-time highs. The recent surge is attributed to escalating geopolitical tensions and concerns over stagflation, prompting investors to seek safe-haven assets. Technical...
Analyzing AUDCAD through Fibonacci levels on the previous trading day reveals a Fibonacci grid anchored to the Daily high of 0.90020 (100 level) and the Daily low of 0.89414 (0 level). The current price of 0.89886 is situated between the 100...
USD/CAD Analysis: Current Trends and Insights Introduction The USD/CAD currency pair has been on a bullish trajectory, continuing its upward movement into the recent trading session. This analysis aims to break down the current market conditions,...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows the beginning of an upward wave after the price succeeded in breaking the white triangle upwards. During this week, trading opened with a price gap...