Hello, GBP/USD finally broke below the 1.2700 mark in the US session, as sentiment worsened after disappointing US employment and inflation figures. Poor stock performance and rising Treasury yields increased demand for the US dollar. If GBP/USD...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD On the Daily time frame chart, we can see that the price increase that occurred in today's trading has reached the Resistance level of 2720. However, the Market quickly responded by suppressing the price...
Hello, EUR/USD fell as Wall Street gave up and major indices turned red. The pair is trading near a fresh weekly low in the 1.0460 price zone. Earlier in the day, the European Central Bank cut interest rates as expected, and the US published...
WTI Crude Oil Market Analysis As of Thursday, the price of West Texas Intermediate (WTI) crude oil was approximately $69.95 per barrel. This price movement is influenced by various factors, including global demand trends, geopolitical tensions, and...
USD/CHF Technical Analysis Currently, USD/CHF is trading around 0.8805, showing mixed momentum. I’ve noticed strong support at 0.8780, which aligns with the 50-day moving average, while resistance is sitting near 0.8840, around the 200-day moving...
