Analyzing the Latest Crude Oil Price Action The discussion is currently on analysing the Crude Oil price behavior. According to CL, the price was to continue its decline toward the H4 support level of 71.79, assuming it couldn’t surpass the daily...
GBP/USD Trend Analysis Today's focus is on the analysis of the price movements of the GBP/USD currency pair. The upward momentum of the British pound has stalled. After a rebound from 1.2522, the GBP/USD pair reversed and began a significant...
EUR/USD Market Outlook Greetings and Good Morning to everyone! Unfortunately, the market of EURUSDD dropped sharply down and reached at 1.0442 zone yesterday. Today, I expect the buyers to return and cross the resistance zone of 1.0500 later. Also,...
Market Fundamentals: Japan’s Finance Minister Katsunobu Kato expressed concerns over recent currency market movements, emphasizing the government’s commitment to addressing excessive selling of the Japanese Yen (JPY). The ongoing adjustment to the...
Market Fundamentals: The Bank of Canada (BoC) announced another substantial interest rate cut, reducing its benchmark rate by 50 basis points to provide relief amid mounting economic pressures. With Canada’s unemployment rate climbing to multi-year...
