Crude oil has had a strong start to the New Year, displaying notable bullish momentum. The price initially created an upward gap, signaling a continuation of the prevailing bullish trend without undergoing any significant retracement. While bears...
Analysis of USD/CAD Currency Pair USD/CAD began the first week of 2025 with a sharp move, breaking out of its previous sideways range to the downside. This initial bearish momentum pushed the pair below its lower boundary, signaling a potential...
GBP/USD lost further traction and battles to retain the 1.2500 mark after hitting an intraday high of 1.2575. Stock markets turned south after the release of upbeat American data, providing fresh legs to the US Dollar rally As of writing, GBP/USD...
West Texas Intermediate (WTI) crude oil prices traded around $74.15 on Wednesday, supported by a combination of factors, including a sharp decline in US crude oil inventories and expectations of increased demand from China. The weekly report from...
The spot price has extended its sideways consolidation above the $2,650 mark, as we approach the European session on Tuesday. Investors are increasingly confident that the Federal Reserve will embark on a cycle of easing monetary policy, with an...