As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
I observe that the US dollar struggled to hold its ground against the yen, which has once again influenced the direction of all yen pairs, including USD/JPY. I note that the pair finished trading close to its previous low, which was a level many...
The British pound (GBP) experienced a reversal against the US dollar (USD) on Friday, relinquishing its earlier gains and turning negative after reaching a two-month high near 1.2680 during the North American trading session. This shift in momentum...
The EUR/USD pair experienced a decline during Friday's North American trading session, falling to approximately 1.0460. This downward movement was largely attributed to the release of the preliminary Hamburg Commerzbank (HCOB) Purchasing Managers'...
US West Texas Intermediate (WTI) crude oil prices displayed a period of consolidation during Friday's Asian trading session, maintaining a narrow trading range and consolidating gains accumulated over the preceding four days. The commodity is...
