On Thursday, oil fell to a new trend low of $69.86 before regaining strength later in the session. This low brought it close to the key support level at the 78.6% Fibonacci retracement at $69.68. While it remains to be seen whether the exact...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello fellow readers, today EUR/USD has an interesting setup for our day trading. Now I am preparing an analysis of the EUR/USD market which I hope will be useful for us. Without any further delay,...
Oil Technical Analysis Crude Oil finds support and stabilizes off its weekly low of $69.15 on Thursday. Overnight API weekly numbers came in with a surprise drawdown. The US Dollar Index breaks above a key level on its way to 104.00. Crude Oil...
The price of the British pound dropped during Thursday's Asian trading session, reaching around mid-1.2970. Despite this decline, various factors may prevent further drops. The recent price movement has created a slight downward momentum. However,...
The price of West Texas Intermediate (WTI) crude oil extended its gains for a second consecutive day, reaching $70.40 per barrel during the Asian session on Friday. This rise was primarily driven by an unexpected decline in US oil inventories. Data...