How It Changes Over Time: Crude Oil We are analyzing the ongoing study of the Crude Oil pricing movement. I was not surprised by yesterday's strengthening of the US dollar, but the strengthening of oil quotes surprised me a little. The technical...
Consolidating above the critical 108.00 mark, the US Dollar Index (DXY), which compares the value of the US dollar to a basket of currencies, continued to rise on Tuesday. The market mood worsened after further worries about tariffs and poor US...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The GBP/CAD margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
The British pound (GBP) displayed resilience against several major currencies on Wednesday, demonstrating its strength except when pitted against traditional safe-haven assets like the US dollar (USD) and the Japanese yen (JPY). This nuanced...
#EUR/USD As expected, the Fed did not dare to change the refinancing rate, while Powell admitted during his speech that they were in a rather difficult situation and have not yet made a final decision on further monetary policy. Yesterday’s data...