The spot price has recovered from its losses during the Asian session against the US Dollar (USD), although any significant upside remains limited. This is largely due to expectations that the Bank of Japan (BoJ) will keep interest rates steady in...
Technical Analysis of Oil Technical analysis of oil on a daily chart shows the price returning to a strong support area, which is the level of retesting the broken channels. The price started trading this month within the price channels shown on...
AUD/USD traded in a tight range and faltered once again just ahead of the key 0.6300 hurdle on the back of the renewed buying interest in the US Dollar and the widespread knee-jerk in the risk complex.From a technical perspective, AUD/USD remains...
GBP/USD Technical Analysis During the 4-hour timeframe, GBP/USD showed a clear bullish trend. The market has completed a five-wave structure, signalling it is trending upwards. This bullish momentum suggests that the pair will continue to rise in...
Bitcoin fell slightly during trading on Wednesday, reflecting continued volatility in the market. Despite this noisy behavior, the broader trend remains optimistic. The dips between $90,000 and $110,000 continue to present attractive buying...
