Crude Oil (CL) Wednesday's Asian session saw a reversal of some of the previous day's retracement decline from the $81.65 region, or a nearly two-month high, in West Texas Intermediate (WTI) US crude oil prices. The commodity is presently trading at...
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...
Hello how are you, GBP/USD is falling towards 1.2650 in the European session on Wednesday. Divergent Fed-BoE policy approaches and jitters ahead of the UK election keep the pair vulnerable despite risk appetite. Attention turns to mid-range US data,...
The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...
EUR/USD Analysis: Bearish Steady Continues Attempts to pull the EUR/USD pair back to its peak earlier in the trading week were unsuccessful as the pair quickly returned to a strong downtrend and gains failed to exceed the 1.0746 level. Stabilized at...