The euro commenced the new trading week on a weak note, depreciating by 0.35% against the US dollar to trade around 1.0400. This weakness suggests a continuation of the prevailing downtrend, despite a brief period of upward price action in the...
The British Pound (GBP) weakened against the US Dollar (USD) on Monday, falling to a level near the psychological support of 1.2500. This decline was primarily driven by a strong rebound in the US Dollar Index (DXY), which measures the greenback's...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis, the market price is rising. An ascending trendline helps the price to rise. Prices touching popular trendlines are high. The market price is when the train hits the line and...
The GBP/USD currency pair opened the holiday-shortened trading week on a subdued note, declining by roughly 0.33% to hover around the 1.2550 level. This bearish sentiment was fueled by a combination of disappointing economic data releases on both...
Crude oil prices experienced a downturn on Monday, with West Texas Intermediate (WTI) trading around $69 per barrel. This decline followed a brief period of bullish momentum in the Asian market, which quickly dissipated during the US trading...
