The British pound continued its downward trajectory against major currencies at the beginning of the week, succumbing to sustained selling pressure. This decline was primarily fueled by a surge in the yield on the UK's 30-year Treasury bond,...
The EUR/USD currency pair continued its downward trajectory on Monday, reaching a fresh 26-month low of 1.0200, a level not seen since late 2022. This decline occurred against a backdrop of lackluster European economic data and the anticipation of...
The AUD/USD pair is expected to experience an upward movement of 21-41 pips, contingent on maintaining its position above the pivot level of 0.6160. In this scenario, long positions are favored, with targets identified at the 0.6215 and 0.6235...
West Texas Intermediate (WTI) crude oil prices experienced a significant surge on Tuesday, reaching their highest level since October 8th, driven by a confluence of factors. The Biden administration's imposition of new sanctions on Russian oil...
In the given scenario, AUD/USD is expected to rise by 21-41 pips if it trades above the pivot point of 0.6160. The primary strategy for traders would be to go long once the price stays above this level, with targets at 0.6215 and 0.6235. The RSI...
