The global crude oil market is currently shaped by a blend of technical factors and significant geopolitical events, with the latter playing a pivotal role in driving market sentiment. While some recovery has been noted in recent days, the ongoing...
The Spot price faced another setback on Tuesday, shedding 0.2% as the Euro weakened in anticipation of fresh economic data. This decline follows a growing sense of caution among traders ahead of Thursday's release of key Purchasing Managers Index...
The GBP/USD pair is currently at a crucial turning point, with technical indicators providing mixed signals. The Stochastic %K (14, 3, 3) is neutral at 66.67, suggesting the market is neither overbought nor oversold. However, the Stochastic RSI Fast...
Despite Tuesday’s acceptable advance, EUR/USD is expected to remain under the microscope in light of political effervescence in France and upcoming key results in US fundamentals along with Chair Powell’s speech The technical picture for EUR/USD...
Investors will closely watch upcoming U.S. economic releases, particularly the Producer Price Index (PPI), which is expected to show a 1.6% year-over-year (YoY) increase in the headline figure, with the core PPI likely rising by 2.7% YoY. If the...
