The global energy market is experiencing a surge in oil prices, driven by a confluence of factors. Geopolitical tensions in the Middle East continue to cast a long shadow, raising concerns about potential supply disruptions. Additionally, the...
The USD/CAD exchange rate currently stands at 1.3742 and the prevailing trend is bearish. Despite the market moving slowly at present, various factors suggest that a significant movement in the currency pair may occur in the coming days. Let's delve...
Today the market opened with a significant gap in EUR/GBP, which has not yet been closed, and the price is still being pushed northward in a rather impulsive manner. Buyers have already reached the resistance level, which according to my...
### EUR/USD Analysis: Current State and Future Projections #### Current State of EUR/USD As of now, the EUR/USD exchange rate stands at 29.435. The current trend is bearish, reflecting a gradual decline in the euro's value against the US dollar....
EUR/USD ANALYSIS 02 JULY 2024 As a result, EURUSD initially reacted to the rise, but I believe that it was a false surge and the price will continue to fall to close the gap formed at the opening of the market. This gap was formed against the...