Technical analysis of the GBPUSD pair The price is trading inside the white triangle shown on the chart, which is the common area between the red descending channel, which represents the price trend during the previous week, and the blue side...
The euro experienced a surge against the US dollar at the commencement of the trading week, reaching levels around 1.0520 during the Asian session on Monday. This appreciation can be attributed to a decline in US Treasury yields, which preceded the...
GBP/USD: Simple Trading Tips for Beginner Traders Dec 16. Analysis of forex trades Analysis of trades and trading tips for the British pound A test of the 1.2630 price level occurred when the MACD indicator moved well below the zero line, limiting...
WTI crude oil prices experienced a downward correction on Monday, trading around $70.50 a barrel during the Asian trading session. This decline followed a period of upward momentum, driven by expectations of tighter global oil supplies due to...
Technical Analysis: EUR/USD EUR/USD gains slightly to near 1.0515 ahead of the preliminary PMI data of both the Eurozone and the US for December. The ECB is expected to cut interest rates further by 100 bps next year. Investors will keenly focus on...
