Crude oil prices, particularly West Texas Intermediate (WTI), have found some support on Tuesday after volatile swings driven by US tariffs on Monday. Currently hovering just below the $61 mark, WTI is up over 1% for the day, indicating a modest...
The USD/JPY pair is exhibiting a bearish outlook as long as the price continues to trade below the 146.70 pivot. Technical indicators, especially the Relative Strength Index (RSI), are pointing toward additional downward momentum in the near-term...
The AUD/USD currency pair is currently trading around the 0.59486 level on the 1-hour timeframe, showing signs of bearish pressure. The price is trading below the 9-period moving average, which stands at 0.59680, indicating a continuation of the...
I don’t consider buying at the current levels either, even though I recognize that the support at 1.0910 has proven to be quite strong. I observed how news about potential retaliatory measures from the EU regarding trade duties triggered a return of...
The USD/CAD currency pair saw a sharp decline below the significant level of 1.4200 during Tuesday's European trading session, as the Canadian Dollar (CAD) gained strength amidst growing concerns surrounding the US economy. The main catalyst for the...