Kuwait will spend more than $30 billion to increase oil production Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the...
USD/JPY Technical Analysis The USD/JPY is hovering around 149.00, consolidating after a recent bullish run. It's staying above key moving averages: The 50-day EMA at 148.50 acts as solid support. Resistance is visible near the 149.50 level, which...
GBP / JPY: Today's Trading Recommendation and Road Map Today, the market of GBP/JPY might hit the 194.75 level during the London time zone. The bulls are in the market and the bears cannot get many chances in this bullish scenario today. Thus,...
AUD/USD The AUD/USD pair is currently hovering around 0.6600, and I’ve noticed a bearish bias in its movement. The 50-day moving average (MA) is sitting below the 200-day MA, which confirms a downtrend. Key support is at 0.6560, and if that breaks,...
USD/ CHF Price Action Review Let's discuss the current price performance of the USD/ CHF currency pair. I belong to that category of currency speculators who judge the future of a particular pair based on facts. And indeed, not a single resistance...
