The Cable made gains against its major peers on Wednesday, benefiting from a range of market factors, including heightened tensions in the Middle East and evolving expectations for the Bank of England's (BoE) monetary policy. As geopolitical...
General Points of GBPUSD: The recent U.S. elections have significantly strengthened the Dollar, leading to shifts in major currency pairs like GBPUSD. The GBPUSD market has now reached the 1.2747 level, which signals an impactful shift. This level...
Crude Oil finds a floor at around $68 but is unable to significantly bounce off it. OPEC’s fourth downside revision for global Crude Oil demand is just a drop on a hot plate. The US Dollar Index rallies further, although it faces some profit-taking....
Silver Price Change Alert The discussion currently revolves around the analysis of the Silver price behavior. We got a reaction, and at the moment we are showing a possible continuation of the northern correction. If it were any other asset, then...
General Points of USDJPY: Like other markets, we can see that the USDJPY market has bounced back up to the 154.77 level. This level is a resistance point, from which the market could move even higher. Reaching this resistance suggests that sellers...