The USD/CAD pair experienced a brief pause in its recent rally during the Asian session on Thursday, trading around the 1.4370 level. This minor retracement can be attributed to a temporary weakening of the US dollar. The US Dollar Index (DXY),...
Technical analysis of USDJPY Today I will start technical analysis on USD/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 157.99 and above support...
CL(Crude Oil) Crude Oil Market Outlook: As 2025 begins, the crude oil market is showing signs of cautious optimism, with West Texas Intermadiate (WTI) trading just above 72 per barrel and Brent Crude holding steady around 75. These modest gains...
WTI crude oil prices remained relatively stagnant in the Asian session on Tuesday, hovering around $69.30 per barrel. Trading activity was subdued ahead of the Christmas holiday. However, several factors provided some support to prices. Positive...
The USD/JPY currency pair surged to approximately 157.30 in early Asian trading on Thursday, driven by market expectations of persistently high US interest rates. This upward trajectory reflects the widening interest rate differential between the...