EUR/USD Technical Analysis: Methods and Insights 1. Support Resistance Levels Formal: Support and resistance levels are fundamental tools for technical traders. They identify price zones where the market repeatedly reverses or stalls. For EUR/USD:...
NZD/USD Greetings and Good morning to everyone! Yesterday was a flash day and the buyers of NZD/USD crossed the 0.5780 level successfully. Today, the US news events will help the buyers or sellers to remain stable. So, I prefer a buy order on...
West Texas Intermediate (WTI) crude oil prices kicked off the new week with a dip, retreating from the six-week high above the $71.45 level reached on Friday. As of Monday, the commodity has trimmed some of the modest gains seen during the Asian...
The Spot price saw a slight upward movement during the early Asian session on Monday, reaching near 1.4270. This move was largely driven by the weakness of the US Dollar (USD) across the board. Investors remain on edge as they await more concrete...
Gold prices are currently in a consolidation phase, driven by a mix of bullish and bearish factors. Following a breakout above $2,665, there’s growing optimism for further gains. However, the next move for the yellow metal will largely depend on key...