Oil prices have extended their decline for the fourth consecutive week, despite a brief upward correction earlier in the week. This report examines the current state of the U.S. oil market, key factors influencing global oil supply and demand, and...
EURAUD Price Movement Analysis: A Week of Correction and Bearish Signals Overview of Price Movement This week, the EURAUD currency pair has shown a tendency to increase, albeit limited to a corrective phase. In the previous week, the price...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 1.9920 resistance and 1.9769 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Gold prices are poised to challenge their all-time highs as a combination of factors, including a weaker US Dollar and declining US Treasury yields, continues to fuel the precious metal's rally. As of Friday, gold (XAU/USD) is trading around $2,935,...
Core Points about GBPJPY: The positive growth rate of the UK GDP has played a crucial role in strengthening the Great British Pound (GBP), reinforcing investor confidence in the currency. A robust GDP often reflects economic stability and growth,...