WTI Crude Oil Market Analysis As of Thursday, the price of West Texas Intermediate (WTI) crude oil was approximately $69.95 per barrel. This price movement is influenced by various factors, including global demand trends, geopolitical tensions, and...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD On the Daily time frame chart, we can see that the price increase that occurred in today's trading has reached the Resistance level of 2720. However, the Market quickly responded by suppressing the price...
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GBP/USD Technical Analysis 1-hour chart The GBP/USD currency pair, in the 1-hour timeframe, is showing significant movements and patterns that suggest a bearish structure in the current market. Let’s break it down step by step for a clearer...
As expected, the Bank of Canada cut interest rates by 50 bps to 3.25%. BOC Governor Macklem delivered an increasingly hawkish speech, hinting at a potential pause in the rate-cutting cycle depending on how growth and inflation play out. USD/CAD fell...