Investor concerns are slowing down the growth of the Brazilian economy The easing of the monetary policy of the US Federal Reserve and China's intention to stimulate its economy create favorable conditions for Brazil. Despite this, Moody's, which...
EUR/USD Support Holding I am in the process of dissecting the dynamic pricing behavior of the EUR/USD currency pair. Meanwhile, the pair has recently indicated weakness, manifesting a distinct "M" pattern on the daily chart, often viewed as a...
The pair traded lower, hovering around the 1.3055 level during the early European session on Monday. The British Pound's decline was largely driven by a stronger US Dollar (USD), which gained momentum ahead of key US economic data releases. The...
We need to talk about the recent movement in crude oil prices and the likely analysis that can emerge from it. The US crude oil market is exhibiting notable bullish momentum, recently reaching a high of $77.30. This rise aligns with the formation of...
USD/CAD Price Movement Forecast I’m actively analyzing the price movements of the USD/CAD currency pair. After enduring a prolonged phase of uncertainty, the pair has regained its upward momentum, hitting a crucial target of 1.3610. This surge has...