US West Texas Intermediate (WTI) crude oil prices took a tumble on Tuesday, falling from above $81.50 a barrel to test levels below $80.50. This decline reflects a weakening outlook for crude demand during the summer season, compounded by...
The USD/CHF pair is currently trading around 0.8962, and the prevailing trend appears bearish. This suggests that market activity is subdued, potentially building towards a significant movement in the near future. Traders and analysts often observe...
The euro is currently facing a precarious situation. It dipped below the 1.0689 level yesterday and could potentially fall further. While the key support level of 1.0670 is unlikely to be breached immediately, there's a chance the euro might enter a...
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...
The Euro has recently been on a significant decline against the British Pound, hitting a fresh 22-month low of 0.8400 on Friday. This latest downturn marks an extension of a three-month-long slide that initially commenced in April, back when the...