•••Crude Oil Market Update – October 31, 2024••• Today’s crude oil market paints a complex picture, blending fundamentals, technical setups, and risk factors. Brent crude is trading at $72.60 per barrel, and WTI at $68.89, both showing minor...
EUR/GBP The EUR/GBP pair’s exchange rate rebound last week seems unable to continue this week. In fact, the exchange rate managed to break through the resistance level (R1) 0.8426 and reached a high of 0.8433. Unfortunately, the rebounded exchange...
In Thursday's North American session, the pair exhibited a significant rebound, approaching the key support level of 1.2940 against the US Dollar (USD). This recovery follows a sharp decline observed on Wednesday, with the pair stabilizing around...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; market prices are falling, and selling pressure is helping. If the market price is visible on the EUR/GBP 1-hour time frame, the price is breaking below the 50-day simple...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis, and the market price is supported above 0.6547. After breaking the support level, the market entered a high policy, breaking the support level to become the second support...
