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Technical Analysis: EUR/USD wobbles around 1.0500 EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a $4.5 trillion tax cut plan on...
Crude Oil WTI Plunges Amid Market Uncertainty – What’s Next? Crude oil prices have taken a significant hit as WTI Futures (CFD) saw a sharp decline, currently trading at $68.93 after briefly touching $68.94. The recent sell-off highlights growing...
Riding the Waves: USD/ CAD Prices The USD/CAD pair has been showing a strong uptrend, extending its uptrend into the fourth consecutive trading day and reaching around 1.4330 on Wednesday. The continued appreciation of the US dollar against the...
Let’s look again at the D1 period chart today in the middle of the week - the EURUSD currency pair. In this senior period, it is best seen that the price is now within the error limits of the horizontal resistance level of 1.0500. It is also such a...
