US West Texas Intermediate (WTI) crude oil prices displayed a period of consolidation during Friday's Asian trading session, maintaining a narrow trading range and consolidating gains accumulated over the preceding four days. The commodity is...
Deputy Governor of the People’s Bank of China (PBOC), reaffirmed the central bank’s commitment to maintaining the Yuan at a stable and balanced level. He highlighted plans to strengthen counter-cyclical policy adjustments and mitigate excessive...
GBP/USD Technical Analysis H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart rose towards 60 after falling to the 50 area on Wednesday, suggesting that technical buyers remain interested. On the upside, 1.2650 (78.6%...
As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
USDJPY Outlook February 22, 2025 Good morning seniors and contributors to the Investsocial forum. Hopefully all of you are in good health and excited towards the end of the month. Hopefully today there is a good moment to make transactions in the...
