The price started the week on a softer note, losing another 0.25% against the US Dollar (USD), marking its ninth consecutive day of decline. This continued downtrend raises questions about whether traders will seize the opportunity to take profits...
The U.S. crude oil market (#CL) is at a crucial juncture, with technical indicators and fundamental factors pointing toward mixed prospects. On the daily chart, the asset continues to exhibit a descending price action pattern, validated by the...
The Cable has been showing signs of stability after bouncing off a two-month low. During the Asian session on Monday, the pair attracted follow-through buying, rising from the 1.2620 region to trade around 1.2653, reflecting a modest 0.11% gain for...
GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average Despite the decline seen at the beginning of the...
The renewed strong demand for the US Dollar, combined with political concerns in France, weighed on the European currency, pushing EUR/USD below the 1.0500 support level once again on Monday For now, the downside risks for EUR/USD remain in focus....
