Crude oil prices are hovering near the $75.00 level, influenced by conflicting factors. On one hand, the announcement that OPEC will increase its supplies starting in October has put downward pressure on prices. This decision, which contradicts...
XAU/USD FUNDAMENTAL AND TECHNICAL ANALYSIS Fundamental Analysis: Gold prices around $2,500 are being affected by a combination of global economic factors. The U.S. Core PCE inflation staying at 2.6%, slightly below expectations, indicates that...
THE CURRENCY PAIR EUR-USD The selected asset currently shows a clear bullish mood, which can be easily identified using the Heiken Ashi candlestick indicator, which demonstrates a smoother and averaged value of price quotes, unlike traditional...
The euro has been under pressure against the British pound, poised for its third consecutive weekly decline. This downtrend is largely attributed to growing expectations that the European Central Bank (ECB) will implement another interest rate cut...
The slow stochastic oscillator is a technical indicator used in trading to measure momentum and identify potential trend reversals in financial markets. It consists of two lines: the %K and %D. The %K line represents the current price’s position...