Oil prices down amid weak demand concerns The oil market is once again in turmoil, with crude prices experiencing a notable drop. On August 19, oil prices suffered heavy losses, weighed down by concerns over weak demand from China, the world's...
Geopolitics, expectations for the start of the Federal Reserve rate cut cycle, positive news from the US and China, and risks of a production halt in Libya at 1.17 million bpd have revived oil prices. Brent quotes surged more than 7% over three...
The US Dollar Index (DXY) is in a medium and long-term sideways trend within a multi-year range. Since late July it has been steadily unfolding a down leg within that range from the ceiling at around 105, to the range floor at the 100 level. Price...
TRIANGLE PATTERN The Triangle Pattern: A Comprehensive Guide to Trading with Triangles The triangle pattern is a popular technical analysis tool used by traders to identify potential breakouts and trend continuations. It's a versatile pattern that...
NZDCAD Market Analysis Tuesday, August 27, 2024 Observing the NZDCAD pair which was able to maintain the bullish trend direction even though it had experienced a decline that almost reached support (S3) 0.8070. The possibility of further price...