The crude oil chart (#CL) on the hourly timeframe reveals a well-defined downtrend that has persisted since mid-January. The price continues to register lower highs and lower lows, confirming the ongoing bearish momentum. Bollinger Bands indicate...
With key indicators suggesting evolving trends in the labor market and wage growth. Economists now project a modest increase in the unemployment rate from 4.0% to 4.1% over the past quarter, subtly shifting workforce dynamics that investors are...
The foreign exchange market is witnessing a dynamic interplay between safe-haven currencies and risk-on sentiments. With mounting speculation over the timing of the next rate hike by the Bank of Japan (BoJ), the traditionally secure Japanese Yen...
Crude oil prices have surged to a four‐month high following the Biden administration’s introduction of a new sanctions package against Russia, a move that has provided notable support for the Canadian Dollar (CAD) and added pressure on the USD/CAD...
The NZD/USD currency pair is currently trading within a strong bearish trend, as price action struggles to move above the key pivot level of 0.5765, which serves as an important resistance point. As long as the price remains below this threshold,...
