The price made modest gains against the US Dollar (USD) on Friday, recovering some ground after a report on producer prices indicated that inflation is on the decline. This positive development further fueled expectations that the Federal Reserve...
Crude oil prices are currently navigating a turbulent landscape, with West Texas Intermediate (WTI) crude hovering around $67.80 per barrel as of Friday’s US trading hours. However, a closer look at the market suggests that WTI prices could see...
The price has been showing signs of upward momentum, particularly around the 0.8810 level during the early European session. This rally comes on the heels of a surprising interest rate cut by the Swiss National Bank (SNB), which has led to a...
The main events by the morning: November 29 Steelmaking is declining in Russia. According to data for January-October 2024, steel production decreased by 7% compared to the same period last year and amounted to 59.1 million tons. The largest drop...
Technical Analysis BTC/USD 1-hour chart: BTC/USD tested the support zone at 95500, which is closely aligned with the 100 simple moving average on the hourly timeframe. This level has created a strong base for buyers. After testing the support 95500,...
