West Texas Intermediate (WTI) crude oil prices experienced a decline to around $68.70 during early Asian trading on Thursday. However, the market found support amidst positive developments in the United States and potential shifts in OPEC+...
•••NZD/USD Daily Analysis – October 31, 2024••• ••Introduction: As we approach the end of October, the NZD/USD currency pair is caught in a complex interplay of economic factors. With the U.S. dollar gaining strength and the New Zealand dollar...
The Morning Star is a bullish reversal candlestick pattern that often appears at the bottom of a downtrend, signaling a potential shift from bearish to bullish momentum. It’s a three-candle formation that can provide valuable insight for traders...
The GBP/USD currency pair extended its downward trend on Thursday, trading around the 1.2950 level. This decline is primarily attributed to the strengthening US dollar, which gained momentum following the release of mixed US economic data. While the...
EUR-GBP Pair Forecast The trading strategy for the EURGBP pair remains dominated by sellers. This can be seen from the exchange rate action repeatedly testing the guideline (S1) 0.8303 and the psychological level 0.8300. However, there is no...
