The U.S. crude oil market currently demonstrates relative stability but remains poised for potential shifts, shaped by geopolitical developments, production trends, and critical support levels. WTI crude prices are steady around $68.65 per barrel,...
The spot price has shown signs of recovery against the US Dollar (USD), bouncing back from a monthly low of 1.2485. However, despite this rebound, the outlook for the pair remains fragile. Although the pound has managed to stabilize, it continues to...
Technical Analysis EUR/USD H-4 Chart Hello everyone, technical analysis of the EUR/USD currency pair on the H4 chart. Current price: 1.052 The pair is trading above the MA50 level, which shows a short-term bullish trend. This may mean that there...
The USD/CAD currency pair shows a potential for a decline in the range of 22 to 37 pips, depending on the price action and market conditions. The pivot level is set at 1.4040, which plays a critical role in determining the direction of the market....
The AUD/USD currency pair is currently in a consolidation phase, with expectations for a limited price movement in the near term. The pivot point is identified at 0.6480, which is a crucial level for determining the next direction of the pair. If...