Technical Analysis: EUR/USD EUR/USD sees more downside below 1.0500 as ECB policymakers are concerned about growing risks to Eurozone economic growth. ECB’s Villeroy supports more rate cuts as the balance of risks to inflation and growth is shifting...
Trading journal Thursday, November 21, 2024 USDCHF Good afternoon, Analysis using a 4-hour time frame shows that on Wednesday night's trading, the UsdChf pair is still trying to swing to maintain an upward wave by trying to move away from the...
Good afternoon. I think that before the upward correction is formed, we can still go to update the minimum, since the sideways trend was formed during the fall, and as a rule, the exit from it goes along the main trend. And yesterday, sellers just...
USD/JPY Technical Outlookotential for further gains The US dollar weakened slightly against the Japanese yen, likely influenced by a shift to security amid escalating tensions in Ukraine. Despite this decline, the prevailing sentiment among traders...
IEA warns of global oil glut of 1 million bpd in 2025 The crude oil market could be heading for a glut. According to Bloomberg, citing the International Energy Agency (IEA), the global petroleum market is projected to face a surplus of more than 1...
