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...
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...
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...
AUD / CAD: An Hourly Time Frame Recommendation The price of AUDCAD is following a bullish scenario, driven by the strength and resilience of the bulls. Upward momentum reflects the power of bulls, which currently dominate market sentiment. Based on...
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...
