OPEC’s dilemma: to freeze or boost oil production The global oil market is at a crossroads. Major oil producers are facing a dilemma: should production be increased or held steady? According to Reuters, citing informed sources, OPEC and its allies...
The current analysis of gold prices, particularly on the weekly (W1) chart, suggests that we are not at a point where we can anticipate a rise above the critical level of 2930.86. The market dynamics indicate that it is challenging to push higher,...
Crude Oil Technical and Fundamental Analysis Crude oil is in a downtrend, and the market structure supports sellers. The price trades below the 50-day SMA and the 200-day SMA, confirming the bearish momentum. The key resistance level is 66.8, while...
EUR/CHF Currency Pair Analysis Greetings, colleagues. I've been observing the EUR/CHF currency pair, and recently, it has shown a bullish trend on the daily chart. However, today I notice that the price is moving southward. It will be interesting to...
EUR USD today technical analysis As of March 6, 2025, the EUR/USD currency pair has experienced a notable surge, reaching levels not seen in four months. This upward movement is primarily attributed to increased European fiscal spending and a...
