**EUR/USD Market Analysis - August 6, 2024** The EUR/USD currency pair continues its upward trend, hovering around 1.0950 during Tuesday’s US session. This upward momentum for the Euro is primarily due to the weakening US Dollar (USD), fueled by...
During Tuesday's trading session in New York, the pair made a notable surge towards the critical resistance barrier at 1.1010, indicating a strong upward trend. The Euro's appreciation against the US Dollar is happening amid mounting pressure on the...
Crude Oil Price Action The discussion is currently on the analysis of the Crude Oil price behavior. CL tested the resistance level of 74.28 today, forming a sell entry point below it. That indicated that the bears pushed the price down but failed...
As the UK Parliamentary Election winds down, the spot price has entered a phase of cautious trading, reflecting market anticipation of pivotal outcomes from both sides of the Atlantic. Traders are closely monitoring the election results as initial...
Tech in stress: Stocks fall, chipmakers rise amid AI debate US stock indices ended trading mixed on Tuesday, with the SP 500 and Nasdaq falling under pressure from weak chipmakers and tech giants, while the Dow Jones Industrial Average showed a...