AUD/USD experienced a sharp sell-off, breaking below the 0.6500 support level to hit multi-day lows and approach the November bottom near the 0.6430 zone, driven by renewed strength in the Greenback Looking ahead, the AUD/USD could catch a tailwind...
The current geopolitical climate, particularly in the Middle East, significantly influences the oil market's volatility. Ongoing conflicts in the region could lead to sudden disruptions in oil supply, causing sharp price fluctuations. This...
The U.S. crude oil market (#CL) is at a crucial juncture, with technical indicators and fundamental factors pointing toward mixed prospects. On the daily chart, the asset continues to exhibit a descending price action pattern, validated by the...
GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average Despite the decline seen at the beginning of the...
The H4 time frame of the GOLD commodity at the beginning of last week started the market with an attempt to correct down, this can be monitored on the daily candlestick which is bearish. For market conditions since the trading period last November,...