The price dropped to an eight-week low, dipping around the 1.3000 mark against the DXY during Today’s North American session due to heightened selling intimidation. The DXY gained momentum, with the DXY nearing 103.55, as anticipations for...
•••Crude Oil Forecast: Navigating a Bearish Trend Amid Global Uncertainty•• ••Introduction: Crude oil has long reflected global economic sentiment, influenced by supply-demand dynamics, geopolitical tensions, and market trends. Recently, oil prices...
Gold Price Action Summary The discussion currently revolves around the analysis of the Gold price behavior. Today, gold failed to surpass the support level formed by the 50-day EMA, and we are currently observing an update of yesterday's high with a...
Crude Oil Trend Evaluation The analysis of the price behavior of Crude Oil is up for discussion. There is an issue with oil prices or multiple factors at play. A zigzag correction moving upward on both the hourly and longer-term charts looks...
The price maintained its six-day winning streak against the U.S. dollar, settling around 149.85 on Wednesday. However, this upward momentum encountered obstacles due to lackluster manufacturing data, leading to concerns that the Bank of Japan may...