The pair has struggled to maintain its upward momentum after a short two-day recovery from the 1.2620 region, which had previously marked a near two-month low. As the new week unfolds, the pair remains susceptible to additional declines, trading...
West Texas Intermediate (WTI) crude oil prices kicked off the new week with a dip, retreating from the six-week high above the $71.45 level reached on Friday. As of Monday, the commodity has trimmed some of the modest gains seen during the Asian...
Gold prices are currently in a consolidation phase, driven by a mix of bullish and bearish factors. Following a breakout above $2,665, there’s growing optimism for further gains. However, the next move for the yellow metal will largely depend on key...
EUR/USD Technical Analysis: Methods and Insights 1. Support Resistance Levels Formal: Support and resistance levels are fundamental tools for technical traders. They identify price zones where the market repeatedly reverses or stalls. For EUR/USD:...
THE CURRENCY PAIR GBP-JPY The GBPJPY cross even today seemed to be on a relatively calm Monday and managed to make a breakthrough upwards and reach new highs, which I did not expect today. Of course, Mondays are different and they are exactly...
