The US Dollar (USD) continues to strengthen, buoyed by cautious remarks from Federal Reserve Chair Jerome Powell and robust economic data from the US. Powell's recent comments have raised expectations that the Fed may not need to cut interest rates...
Crude Oil (#CL) Technical Analysis Crude Oil (#CL) is trading at 67.72, showing consolidation near the support level of 65.12 and below the resistance at 68.42. The Zigzag Indicator, which filters out minor price fluctuations and identifies key...
EUR/USD EUR/USD Remains Close To 1.0900 On A Steady Dollar EUR/USD remains struggling to capitalize on the US Dollar's uncertain price action, retreating modest to the 1.0900 range as market participants respond to lower-than-expected US inflation...
USD/JPY USD/JPY Rises to Over 149.00 After Soft US CPI Data USD/JPY rises to near 149.00 as the US Dollar rises following weak US inflation statistics for February. Cooling US inflation is expected to increase Fed dovish bets. Despite the fact that...
EUR/USD Technical Analysis: EUR/USD has been stuck in a narrow range today, with 1.0900 acting as solid resistance and 1.0800 holding up as support. I noticed that the pair tried to push higher but couldn’t break above 1.0880, indicating some...
