The EUR/USD currency pair is currently trading at 1.1167, and the market is showing signs of a bearish trend. This suggests that the euro has been weakening against the U.S. dollar. The bearish sentiment could be due to several factors such as...
USD/CHF has been trading within a defined range, without breaking any significant boundaries. Currently, the key level to monitor is 0.84837, which is anticipated to act as a resistance point for bullish movements. If this level holds, a potential...
Weekly Technical Analysis of WTI Crude Oil The West Texas Intermediate (WTI) crude oil market is showing strong signs of bearish pressure as prices hover near the critical $67.50 level. This area has historically served as a significant multi-year...
*GBP/USD Battles 1.3400 Level for Definitive Bullish Breakout* The GBP/USD pair continued its upward trajectory on Wednesday, advancing modestly beyond the 1.3400 level following the release of the US Personal Consumption Expenditures (PCE)...
The reversal in the USD/CAD pair and the strengthening of the Canadian dollar were the main reasons for the pair's recent downward movement. Although the pair briefly tested higher levels, it showed signs of weakness, indicating potential downward...