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...
USDJPY TECHNICAL ANALYSIS Using basic analysis of the H4 timeframe chart, the USDJPY currency pair trend is still trying to move in a bearish phase. And we can monitor this condition through prices which are still moving stably below the Simple...
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...
GBPUSD TECHNICAL ANALYSIS This week, which is almost over for the dollar Pound on the hourly chart, on Monday started from the range. On Tuesday the price fell and broke the support level of 1.2750. After closing below this level, a sell signal...
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...
