Date: 2nd January 2025. The USD Retraces But Can The AUDUSD Correct To 0.62320? Conclusion: *The US Dollar Index rose to its highest price since November 6th 2022 before the markets closed for New Years Day. *The Australian Dollar is the...
Technical analysis of GBPCAD Today we will perform a technical analysis on GBP/CAD. When do support and resistance levels in the market appear? The market also broke through the support level, which is now resistance and will be the next support...
The NZD/USD currency pair extended its gains for a second consecutive trading day, trading around 0.5610 during early European trading on Thursday. This upward movement was primarily driven by a strengthening New Zealand dollar (NZD), fueled by...
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...
Price Action and Trend Analysis The crude oil market is currently in a strong uptrend, as evidenced by the series of higher highs and higher lows on the chart. The price has recently risen to 71.85 before pulling back slightly to 71.52. The red...
