Crude Oil Market Update – February 18, 2025 What’s Driving the Market Today? The oil market is caught between two forces: supply concerns and demand uncertainty. Traders are watching headlines closely to see which side gains the upper hand. Why...
Bank of England (BoE) policymaker Catherine Mann had already been expected to advocate for a steady monetary policy stance. During an International Monetary Fund (IMF) panel discussion, she emphasized the risks of premature rate cuts, citing...
To be honest, I don’t find anything particularly surprising in the current market movement. I can clearly see the impulse movement that occurred after the pair fell from 1.48, and I observe that the currency pair has provided bears with at least 600...
EURUSD TECHNICAL ANALYSIS In the current movement of EURUSD, it can be seen that the price is still in a bullish condition, although if you look in more detail at the movement during this week, it seems that the movement is not always bullish,...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2605, showing strong bullish momentum as it approaches a critical resistance zone. The pair has been in a recovery phase after bouncing from lower levels near 1.2250. On the daily...