Data from the US Energy Information Administration (EIA) revealed a substantial crude oil inventory build of 5.474 million barrels, bringing total stockpiles to 426 million barrels for the week ending, far exceeding the forecasted increase of 0.7...
The NZD/JPY currency pair is displaying remarkable strength, driven by a combination of technical and fundamental factors. The pivot point at 86.92 plays a crucial role in sustaining the bullish outlook, acting as a psychological and technical...
The USD/JPY pair has exhibited a steady uptrend, with market dynamics strongly favoring continued bullish momentum. As long as the price remains above the pivotal support level of 153.75, the upside remains the dominant scenario. This key level...
The EUR/USD pair demonstrated resilience on Wednesday, recovering from early losses to climb back above the 1.0400 level. This rebound came despite the release of stronger-than-expected US inflation data for January, which initially weighed on the...
BTC/USD H4 chart: The BTC/USD market currently trades in a very high range, providing valuable short-selling information. Bitcoin’s average daily price reached a low of 93938, a strong support level. After that, the BTC/USD market showed a sharp...
