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Oil prices are facing significant pressure as a result of a larger-than-anticipated increase in US crude stockpiles, coupled with higher imports and an unexpected rise in gasoline inventories. This trend follows a period where refineries ramped up...
EURUSD currency pair - D1 period chart. Beginning this year pleased sellers with a rather intensive decline. The wave structure is still building its order downwards. The MACD indicator is in the lower sales zone and below its signal line. It is...
After plunging to about 1.0220 on Thursday—the lowest level in more than two years—the EUR/USD finds brief support in Friday's European session. Due to differing opinions on the prospects for monetary policy held by the European Central Bank (ECB)...
Gold tested resistance at the 50-day moving average (MA) on Friday, hitting a high of $2,665 after a similar attempt on Thursday. However, it pulled back around the 20-day MA to test support at $2,639 and is now trading near the daily lows and is...
