Oil prices took a tumble in Asia on Friday, snapping a two-day winning streak. Despite the pullback, prices are still hovering around $83.20-$83.15, which is a far cry from the highs seen in late April. This decline comes after data revealed a rise...
Today, I want to share my analysis of the gold (XAU/USD) market. This morning, we saw an uptrend re-emerging at the 2350 level, driven by a decline in the currency index to 94.58. Gold experienced a two-year uptrend until June 2024, followed by a...
The EUR/USD currency pair is one of the most widely watched exchange rates in the foreign exchange (forex) market. This pair represents the value of the euro compared to the US dollar. Currently, the pair is trading around 1.0692, which indicates a...
Yesterday, the price of USD/CAD was confidently pushed to the south, as a result of which a full bearish candle was formed, which was able to easily break through and confidently consolidate below the support level, which, according to my markings,...
NZD/USD/H1/0.6139 Hello all, The New Zealand Dollar (NZD) is experiencing significant selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to stay above its key 20-day simple moving average (SMA). This crucial support level...