The GBP/USD currency pair experienced a significant decline on Thursday, falling by more than 1% to break below the 1.2400 level for the first time in nearly ten months. While trading volumes remained relatively low following the New Year holiday,...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning, I hope all is well. Let me share with you my thoughts on Crude oil. Currently, the market price of Crude oil is floating around the 73.34 area. This area is near the resistance zone....
West Texas Intermediate (WTI) crude oil prices remain under pressure amid ongoing concerns over sluggish global demand and mixed economic signals from major economies like China. The lackluster fuel demand growth paints a complicated outlook for oil...
The EUR/USD exchange rate experienced a significant decline in early 2025, plunging towards the 1.0250 level, marking its lowest point in nearly 26 months and a level not seen since November 2022. This downward trajectory was fueled by a confluence...
China’s ongoing economic struggles are exerting considerable downward pressure on gold prices, given its position as the world’s largest buyer of the precious metal. Prolonged signs of an economic slowdown in China could dampen demand, amplifying...
