The euro experienced a significant decline against the dollar on Wednesday, shedding roughly a tenth of its value. This sharp depreciation occurred amidst a period of relative market inactivity, characterized by a lull between key data releases. The...
USD/JPY: Market Shifts and Key Developments(January 24,2025) U.S. Dollar's Momentum The U.S. dollar is riding a wave of strength as investors gear up for the next round of economic data. With the Federal Reserve maintaining a tighter stance on...
Technical analysis of gold Technical analysis of gold on the 4-hour chart shows more upside as we have a target for gold to the resistance level of 2800 before returning to correct downwards. During this week, trading was opened within the...
Bullish Chart Pattern A bullish chart pattern is a visual indicator used in technical analysis to predict potential upward movements in the price of an asset. These patterns often signal a reversal of a downtrend or the continuation of an uptrend....
West Texas Intermediate (WTI) crude oil futures experienced a dip on Friday, trading around $74.10 per barrel. This decline followed the United States' direct appeal to Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to...
