Good day! Today, I am analyzing the market situation for the EUR/USD pair, and I will share my observations and insights. I start by opening the daily chart, where I notice that the descending price channel was previously broken when the price...
Market Fundamentals: The US Dollar (USD) faces intense selling pressure this week after nearly 12 consecutive weeks of gains, driven by profit-taking and portfolio rebalancing following the nomination of Scott Bessent as the next US Treasury...
OPEC+ postpones plans to increase oil production again OPEC+ is considering postponing the planned increase in oil production in April due to global market instability, despite US calls to lower prices. No final decision has been made yet,...
THE CURRENCY PAIR GBP-USD This week began with some growth that quickly died down. And in general, the pound got stuck in place for some reason, the euro dollar gave a downward correction, and the pound has not been able to do so yet. And at the...
Hello. I thought that sellers would be able to actively continue the decline with the beginning of the new week, but yesterday and today buyers are playing off Friday's decline. To develop a more active upward movement, they first need to break...