Crude Oil snaps under selling pressure after surprice bulid in US stockpile: Crude Oil dives lower after the US Consumer Price Index (CPI) release for August slammed the door on hopes for a 50 basis points rate cut from the US Federal Resurve next...
The spot price has gained momentum recently, driven by a significant recovery in oil prices amid escalating tensions in the Middle East. On Wednesday, West Texas Intermediate (WTI) futures on NYMEX surged nearly 4.5% in a single trading session....
EUR/ USD Price Activity Recap We are analyzing the present state of the EUR/ USD currency pair's price behavior evaluation. On the 4-hour chart, the bears are maintaining their positions, and it seems they aren't ready to retreat just yet. The...
What is Swing Trading In Forex ? Swing trading in FX is a medium team trading strategy that involves holding positions for several days to weeks, aiming to profit from price swings or waves in the market. Unlike day trading, which involves quick...
NZD/ USD Exchange Rate Let's analyze the NZD/ USD currency pair's price behavior and what it could mean. The volatility of this currency pair is still in its early stages, but we've already seen a solid consolidation above the 0.61389 level. With...