GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
West Texas Intermediate (WTI) crude oil prices saw gains during the Asian session on Thursday, opening with a bullish gap of around $72.90 per barrel following the year-end holidays. This rise reflects market speculation regarding the Federal...
The NZD/USD pair is currently exhibiting a bearish trend on the H1 timeframe. The price has been making lower highs and lower lows, which are hallmark characteristics of a downtrend. Recently, the price touched a low near 0.5590 before bouncing back...
The euro fell slightly during trading on Thursday as market activity picked up after the holidays. However, signs of a possible turnaround have begun to emerge. The overall outlook for the US dollar is mixed, but the underlying theme remains the...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 143.80, and it seems to be holding steady. I’m keeping an eye on 143.50 and 142.80 as key support levels, while 144.20 and 145.00 look like the main resistance points. Looking at the...