US West Texas Intermediate (WTI) crude oil prices took a tumble on Tuesday, falling below $80.50 after briefly touching $81.50. This decline stemmed from a combination of factors. First, optimism lingered in the market that crude oil stockpiles...
The GBP/USD (British Pound to US Dollar) currency pair is a significant player in the forex market, reflecting the economic and political dynamics between the UK and the US. As of now, the GBP/USD pair is trading around 1.2679, and the prevailing...
GBP/USD ANALYSIS. GBP/USD currency pair on chart H4. The MACD indicator is in the lower sell zone, and the wave structure has begun to build its order downwards. Assuming you overlay the objective Fibonacci lattice on the main wave, you can see the...
Hello all traders how are you? Gold prices took a sharp turn on Friday, reversing course and dropping over 1.7%. This decline came after positive US economic data fueled investor expectations for a slower pace of interest rate cuts from the Federal...
EUR/JPY analysis: When EUR/JPY approaches the level of 171.30, it presents an opportunity for traders to assess the potential for further market movements. Specifically, if the pair manages to overcome this level, it may trigger a significant...