Extensive Review of Current Trends in US Crude Oil Pricing Our current analysis involves a detailed examination of crude oil prices, which are experiencing a consolidation phase, marked by a consistent price range that indicates a balance between...
The price of gold reached a new high during the North American conference on Thursday, but it was unable to break through the $2,700 level due to uncertainty surrounding the US elections. Despite strong retail sales and employment data, which...
AUD/USD TECHNICAL ANALYSIS: On the AUD/USD D1 time frame, the AUD/USD currency pair is currently trading near the 0.6706 level as of Friday, showing interesting developments in its price action. When analyzing the daily chart, we can observe that...
The recent market sentiment has been driven by the anticipation of a potential rate cut from the Federal Reserve. Traders are eagerly awaiting the Fed's monetary policy decision on Wednesday, with a 59% probability of a 50-basis point reduction....
TRADING CHART ON GBP/USD H4. The GBP/USD currency pair is trading between the pivot point (PP) at 1.3073 and the support (S1) at 1.3013. There is no strong movement towards the resistance (R1) at 1.3125 or below the support (S1) at 1.3013. Many...