WTI is trading at $78.79, reflecting a notable rebound of approximately 7.4% from its recent low of $72.51. The market is now focused on whether this rebound will sustain and potentially mark the peak of the long-term bullish momentum that has been...
The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since March, the price has been consistently moving upwards, reaching 157.48 as of last week. This persistent upward movement highlights strong buying interest in the...
The GBP/USD currency pair, which reflects the value of the British Pound against the US Dollar, is currently trading at 1.2649. This exchange rate is crucial for forex traders, economists, and businesses involved in international trade between the...
Canadian retail sales data should be a top priority for looney retailers today. Expect solid expansion in consumer activity, with headline sales likely to rise 0.7% MoM in April. While this would most likely offset the first prints seen in March, we...
GBP/JPY Price Analysis: Overbought Levels Despite the BoE's announcement yesterday, GBP/JPY jumped to resistance at 201.43, setting a new bullish record level before settling around 200.80 at the time of writing. Ahead of the release of UK...