AUD/USD Technical Analysis: At the moment, AUD/USD is trading close to 0.6400, showing a bearish trend below the 50-day moving average. I see strong support at 0.6370, and if this level breaks, the pair could slide further toward 0.6300. On the...
As the USD/CHF currency pair hovers around the 0.8830 mark, traders are navigating a landscape shaped by mixed signals and anticipatory moves. Recent stability in the Swiss Franc has been observed, even as it remains near its lowest point in a week...
West Texas Intermediate (WTI) crude oil prices experienced a significant surge of approximately 2.75% on Wednesday, pushing the price above the $70 per barrel mark. This upward movement was primarily fueled by the US Energy Information...
The GBP/USD currency pair experienced a significant decline on Wednesday, settling around the 1.2750 level. This downward movement was primarily triggered by the release of the US November Consumer Price Index (CPI) data, which largely aligned with...
The approaching European Central Bank (ECB) meeting is set to significantly influence the EUR/USD trading pair, adding a layer of complexity to the market. The ECB is anticipated to announce a 25 basis point reduction in interest rates, lowering the...
