The EUR/USD pair extended its upward trajectory on Thursday, edging higher to 1.0385 and consolidating its position above the crucial 20-day simple moving average (SMA). This sustained move suggests a decisive shift in short-term bias towards...
#CL Trading Analysis Update Friday, February 14, 2025 Global crude oil prices plunged again in trading last Wednesday. The upward rally that took place at the beginning of the week to approach the level of 74.00 per barrel had to experience a...
The EUR/USD pair stabilized around the 1.0460 level during Friday's Asian trading session, following a three-day streak of gains. The pair's recent upward movement was partly attributed to the US administration's decision to postpone the...
EUR/USD: Tug-of-War Between Buyers and Sellers(February 14,2025) Stronger Inflation, Delayed Rate Cuts? The latest U.S. inflation report caught traders off guard. January saw the biggest consumer price jump in nearly a year and a half, reinforcing...
#CL Another factor weighing on oil prices is the Bank of America forecast, which says that global oil demand is slowing from 1.1 million barrels per day of annual demand growth to 400,000 barrels per day of annual demand growth. For the second day...
