The NZD/USD pair displays a favorable setup for potential bullish movement, with a projected rise of 28-41 pips if the support at 0.5693 holds firmly. This pivot point is not just a technical level but a psychological anchor for traders, reflecting...
The CADJPY price action following the wedge breakout on the 1-hour chart is an example of technical precision influencing market sentiment. The breakout itself indicates a shift in control, as bearish participants take the reins from prior...
GBP/JPY On Thursday, the British pound depreciated sharply on the launch of disappointing financial data. Although the UK GDP grew in November, it grew by means of 0.1% month-on-month, decrease than the market's expectation of 0.2%. Industrial...
Hello. Yesterday, buyers were able to seize the initiative on the Euro and resume the price growth, apparently all this was due to Trump's speech calling on OPEC countries to increase oil production in order to bring down prices. At the moment,...
West Texas Intermediate (WTI) crude oil prices staged a significant rebound on Friday, snapping a six-day losing streak and trading around $74.40 per barrel in Asian trade. This recovery follows a tumultuous week marked by volatility and uncertainty...
