The price of US benchmark West Texas Intermediate (WTI) crude oil surged to approximately $76.85 on Thursday, driven by escalating geopolitical tensions in the Middle East. The heightened conflict between Israel and Iran, fueled by a ballistic...
USD/JPY: Key Levels to Watch USD/JPY recently saw a bullish breakout, testing the significant resistance level at 149.29, a point that previously rejected price action back in mid-August. The surge was driven by strong U.S. Dollar fundamentals,...
EUR/USD OUTLOOK ANALYSIS: On the EUR/USD H4 time frame chart, the pair displayed sideways or range-bound movement yesterday, Friday, as both buyers and sellers were equally matched in their efforts to maintain control. The market was confined within...
GBP/USD D-1 ANALYSIS Chart D1 - GBPUSD currency pair. Sellers have dominated the last couple of weeks and it was already clear in advance that there was a very high probability of a fall. The MACD indicator used had a bearish divergence - a strong...
USD/CHF MARKET ANALYSIS October 12, 2024 D1 Timeframe From what I observed the candlestick movement that occurred on the USDCHF currency pair through the graph on the daily timeframe, it can be seen that the price movement last night was still...