Despite persistent inflation in the United States, market participants widely anticipate that the Federal Reserve (Fed) will lower its key overnight borrowing rate in the upcoming week. According to the CME FedWatch Tool, futures trading data...
Crude Oil Technical Analysis The crude oil market is experiencing a downtrend driven by intense selling pressure. Technically, prices are trading below a descending trendline, which has been tested several times before moving lower. The minor...
EUR/USD Market Analysis Trading Outlook Hello everyone! I don't have any major long-term plans for EUR/USD. The currency pair has been in a wide-ranging flat market for over a month, making it difficult to predict a clear direction. In this kind...
Technical Analysis and News Update on Ripple Ripple is in a downtrend, hovering around 3.0245. On the H1 chart, the price is approaching the critical support level 3.0. If the XRP/USD market breaks below this level, the decline will continue and may...
The NZD/USD is trading near the 0.56630 ratio as of this writing in what appears to be rather cautious proceedings. The U.S Federal Reserve will release its FOMC Policy Statement later today, but most financial institutions assume the U.S central...
