The EUR/USD pair kicked off the new week with strong bullish momentum, surging beyond the 1.1550 mark during Monday’s session. This impressive upward move propelled the pair to its highest level in over three and a half years, underscoring...
Ongoing conflicts in the Middle East and the enduring Russia-Ukraine war have fueled demand for the US dollar as a safe-haven asset. However, expectations are mounting that the Federal Reserve could resume its rate-cutting cycle sooner than...
Oil Daily Forecast The daily chart of USOIL (Crude Oil) shows a clear shift in market sentiment from the previous bull market to a clear bear market. Initially, the price fluctuated in a relatively stable range, hovering between $72.00 and $78.00....
GBP/JPY has recently slipped below the 9-period Simple Moving Average (SMA) currently positioned at 188.494, suggesting a shift in short-term sentiment to the downside. The overall price action shows a failure to maintain bullish momentum after...
How Inflation Affects Currency Value: A Crucial Insight for Forex Traders In the world of Forex trading, inflation is more than just an economic buzzword — it's a critical factor that can significantly influence currency value. Understanding how...
