The United States recently imposed expanded sanctions on Iran’s petroleum and petrochemical sectors in response to an Iranian missile attack on Israel, heightening concerns in the global oil market. As reported by Reuters, these sanctions add a...
The spot price continues to be shaped by a combination of fundamental and technical factors, with global economic influences playing a pivotal role in its movement. Crude oil prices and China's economic performance are particularly significant for...
On Monday, the cable held steady just below the 1.2550 mark, reflecting a lack of clear direction for the price against the Dollar. With limited economic data from both the UK and the US, traders remained cautious, awaiting catalysts to break the...
GBP/USD Technical and Fundamental Analysis and Key Concepts The GBP/USD market is clearly bearish during today’s trading session. The hourly chart shows prices below the 100-period Exponential Moving Average (EMA) and the 20-period Simple Moving...
The Aussie dollar rebounded sharply in early trading, but the broader picture suggests the market is looking for a clear direction. Similar to the Euro, the Aussie appears to be forming a consolidation range, with key technical levels shaping its...
