Crude Oil Price Action Summary Our conversation today will center on the detailed price action outlook of Crude Oil. Today I would focus on the southern vector since it was in this direction that the active decline occurred yesterday. If we try to...
The Euro (EUR) strengthened against the US Dollar (USD) on Friday, pushing towards the psychologically significant 1.0500 level, fueled by encouraging economic data from the Eurozone. The Hamburg Commerzbank (HCOB) reported that the Eurozone...
NZDUSD NZDUSD outlook: The NZD/USD pair is currently navigating through a period of economic uncertainty and external pressure, making it a challenging environment for traders. Fundamental Analysis: Labor Market Weakness: New Zealand’s unemployment...
Comprehensive Analysis of EUR/USD Trading Overview The EUR/USD currency pair has recently stabilized around the 1.05 level, which represents its initial corrective target following recent fluctuations. This price point is significant, as it marks a...
The USD/CAD currency pair experienced a surge in value on Tuesday, reaching a one-week high of 1.4415 during the European trading session. However, this upward movement occurred within a relatively narrow trading range observed over the past month,...