US West Texas Intermediate (WTI) crude oil prices exhibited a period of consolidation during Friday's Asian trading session, moving within a narrow trading range. This consolidation followed four consecutive days of gains. The commodity is currently...
As the pair trades in a rising wedge formation, EUR/USD may lose territory in the event of a bearish reversal. If the 14-day RSI crosses the 70-point threshold, it would imply a downward correction. The nine-day EMA of 1.0453 might be the pair's key...
During the first part of Friday's European session, the price of gold (XAU/USD) continues its steady intraday retracement descent from the area of the record high recorded the day before, dropping to a new daily low, around the $2,920 region. A...
During Thursday's late American session, the EUR/USD pair is trading flat at 1.0500. Trump's tariff threats, however, might depress the value of the euro (EUR) relative to the US dollar. The advanced HCOB Manufacturing and Services PMIs for Germany...
EUR/USD Price Analysis EUR/USD could lose ground amid a potential bearish reversal as the pair trading within a rising wedge pattern. The downward correction would be indicated if the 14-day RSI surpasses the 70 mark. The pair may test its primary...