Adding to the bearish sentiment, crude oil has found immediate support at $70.00, a critical level that currently provides some relief and potential for a rebound. Despite temporary support, the overall trend is still negative, as shown by various...
General Points about GBPAUD: Right now, the GBPAUD market is moving around the 1.9826 level and appears to be in favor of sellers since the UK Pound is very weak today. Weakness in the GBP can be attributed to multiple factors, including economic...
Looking at what happened this week, it can be said that GOLD is at least trying to make another downward movement and even if we look at last Thursday, GOLD was quite impressively able to make another decline and was able to touch the EMA50 area...
USDCAD USDCAD outlook: The USDCAD pair is currently experiencing a tug-of-war between the strength of the US Dollar and the Canadian Dollar's sensitivity to oil prices. The USD remains solid, bolstered by strong US economic data, while the CAD is...
GBP/USD Price Forecast: Technical outlook GBP/USD ascends to 1.2451, buoyed by disappointing US NFP figures showing only 143K jobs added. US unemployment rate improves to 4%, with a notable increase in Average Hourly Earnings hinting at robust...
