Technical Analysis The Pound Sterling drops as the UK GDP rose at a slower-than-expected pace, and factory activity contracted in November. Traders have raised BoE dovish bets for February’s policy meeting. Investors await the US weekly jobless...
AUDUSD AUD/USD outlook: The Australian Dollar (AUD) is facing significant headwinds today as it trades near 0.6215 (Buy) and 0.6212 (Sell) against the U.S. Dollar (USD). The Aussie is under pressure due to a combination of China’s economic slowdown...
Crude Oil Technical Analysis Crude oil prices are increasing in the 1-hour time frame, supported by an uptrending market structure. The market recently made a new high at $80.77, acting as a strong resistance level. The price is currently in a...
Turkey to take part in revival of Syria’s oil and gas industry Turkey’s government has announced its intention to help in the revival of oil and natural gas production in Syria. According to experts, this marks a key step in Ankara's ambition to...
USD/CAD PAIR REVIEW Price of currency: USD/CAD Today the condition of USD-CAD is dominated by bullish movement, interesting because in terms of the big trend USD-CAD is still in a bullish trend condition, it had a significant bearish correction but...
