The price extended its gains late in Wednesday’s North American session, driven by the strengthening of the US 10-year Treasury note yield. The Greenback recovered against most G8 currencies, except safe-haven currencies like the Japanese Yen. By...
Study of the US Crude Oil Price As it stands, US crude oil prices are being pushed downward, oscillating around the key support level of $69.67. Historically, this support level has demonstrated resilience, indicating its significance as a...
The pair continues to trade with a bullish tone around the 1.3790 level during early US trading on Wednesday. Investors are closely watching the market as expectations grow that the US Federal Reserve (Fed) could begin its rate-cutting cycle as...
CryptoNews – Following the stock market crash on "Black Monday," August 5th, the World Gold Council (WGC) decided to examine the behaviour of various asset classes and explain why bitcoin should not be considered "the new gold." First, the WGC...
What Is Marubozu Candle? A Marubozu candle is one of the candlestick patterns I’ve come across in technical analysis, especially when analyzing price movements in the stock or forex markets. The word "Marubozu" comes from Japanese and means "bald"...