Market Fundamentals: The US Dollar (USD) faces intense selling pressure this week after nearly 12 consecutive weeks of gains, driven by profit-taking and portfolio rebalancing following the nomination of Scott Bessent as the next US Treasury...
Good day! Today, I am analyzing the market situation for the EUR/USD pair, and I will share my observations and insights. I start by opening the daily chart, where I notice that the descending price channel was previously broken when the price...
The USD/CHF H1 chart indicates a period of consolidation following a volatile downtrend. The price is currently trading around 0.9026, recovering from recent lows but still struggling to establish a decisive bullish momentum. The Bollinger Bands...
THE CURRENCY PAIR GBP-USD This week began with some growth that quickly died down. And in general, the pound got stuck in place for some reason, the euro dollar gave a downward correction, and the pound has not been able to do so yet. And at the...
OPEC+ postpones plans to increase oil production again OPEC+ is considering postponing the planned increase in oil production in April due to global market instability, despite US calls to lower prices. No final decision has been made yet,...
