Currency pair EURUSD - let’s consider a four-hour period of the chart. This new week, and the trading month, began with a sharp drop downwards, with a rather impressive price gap, which, however, has already been covered. It is clear how the figure...
Date: 4th February 2025. The British Pound Remains Resilient Amid USD Strength! Why Is The British Pound Holding Strong Against The Dollar? The British Pound is strengthening due to President Trump's favourable stance toward the UK. Economists...
During Monday's negotiation session, the Light Sweet Crude Oil Market (WTI) initially joined after the announcement of new tariffs during the weekend, which increased the nerves with respect to the US-channel-Mexico commercial war. However, after...
Yesterday's market movement was not solely driven by Mexico, as Canada also joined in by agreeing to the same trade conditions, providing an additional evening boost. This morning, GBP/USD unexpectedly rose from 1.2385, possibly due to Asian traders...
I observe a strong bearish trend on the hourly market chart, which informs my current strategy. I identify the upper boundary of the descending channel at **0.56345** as a critical resistance zone, and I plan to wait for a retest of this level...
