•••Crude Oil Market Update – October 31, 2024••• Today’s crude oil market paints a complex picture, blending fundamentals, technical setups, and risk factors. Brent crude is trading at $72.60 per barrel, and WTI at $68.89, both showing minor...
EUR/GBP The EUR/GBP pair’s exchange rate rebound last week seems unable to continue this week. In fact, the exchange rate managed to break through the resistance level (R1) 0.8426 and reached a high of 0.8433. Unfortunately, the rebounded exchange...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. The market is falling, causing the price to drop near the 151.89 support. The market price has broken the support level several times and has yet to break the resistance at...
The currency pair showed signs of stability on Tuesday, holding steady around the 1.0861 mark. Despite this stability, the Euro has struggled to regain the 1.0770 handle and has experienced a decline of over 2.3% against the US Dollar since hitting...
In Thursday's North American session, the pair exhibited a significant rebound, approaching the key support level of 1.2940 against the US Dollar (USD). This recovery follows a sharp decline observed on Wednesday, with the pair stabilizing around...
