In the current market landscape, the euro is navigating through a notable downward trend, prompting traders to closely analyze key levels for potential entry and exit points. As indicated by my technical analysis, there is a strong likelihood that...
The EUR/USD pair, currently trading at 1.11390, has been displaying a bearish trend, suggesting that the euro is weakening against the U.S. dollar. Despite this downward momentum, the movement has been relatively slow, and the pair hasn’t exhibited...
TRADING CHART ON AUD/NZD H4. The AUD NZD currency pair's price was supported by the RBNZ's decision to cut interest rates by 50 basis points, from 5.25% to 4.75%. The weakening outlook for the New Zealand Dollar caused the AUDNZD pair's price to...
The USD/CAD pair, currently trading at 1.3706, has been moving in a bearish trend, with the market slowing down in recent sessions. While this downward pressure might suggest a cautious outlook, there are several factors that could trigger a...
Technical analysis of WTI crude oil West Texas Intermediate (WTI) crude fell slightly early on Wednesday as concerns over global demand continued to weigh on the market. With signs of an economic slowdown around the world, the outlook for oil demand...