The EUR/JPY currency pair has been under pressure, trading near 161.20 during European time on Tuesday. This decline is primarily attributed to the strengthening of the safe-haven Japanese Yen, which is benefiting from increased global uncertainty....
•••Crude Oil Market Overview: November 26, 2024••• Crude oil prices are witnessing a modest upward trajectory today, driven by a confluence of fundamental, technical, and macroeconomic factors. WTI crude trades near $74 per barrel, while Brent holds...
On Monday, unlike other currencies against the dollar, the euro did not close its gap, but instead tried to break out of the 1.0449/83 band. After encountering resistance in the lower time frames, the price dropped below the range this morning and...
The GBP/JPY currency pair, after a period of bullish momentum, appears to be undergoing a potential shift in trend. Recent weakness in the pair has raised concerns about a potential reversal of its short- and medium-term uptrend. If this bearish...
Gold prices experienced a significant decline on Monday, primarily driven by two key factors: the potential ceasefire between Israel and Lebanon and the appointment of Scott Bessent as the US Treasury Secretary. The news of a potential ceasefire...
