US Treasury yields continue to play a pivotal role in shaping the price exchange rate. Declining yields typically reflect weaker demand for US assets, which in turn exerts downward pressure on the US Dollar. Recent lower-than-expected US economic...
EUR/USD Market Outlook Greetings and Good Morning to everyone! The market sentiment of EUR/USD appears to favor sellers, particularly after crossing the 1.0523 zone yesterday, signaling bearish momentum. This recent price action has reinforced the...
On Thursday, the price of West Texas Intermediate (WTI) crude oil hovered around $69.95 per barrel. This price movement is influenced by a combination of factors, including global demand trends, geopolitical tensions, and economic policies. One...
I've changed my outlook on the direction of the USD/JPY market. Initially, I was expecting a decline, but now I see potential for growth, so I am betting on the upward movement. The 152.57 level on the daily chart is currently acting as a barrier...
The USD/CAD currency pair has been relatively weak over the past two days, trading around the 1.4150 level. This downward trend is evident on the daily chart, which shows the pair moving within an ascending channel, a technical pattern that...
