EUR-USD PAIR ANALYSIS I will discuss the movement of the EURUSD currency pair, in the price movement the previous day this currency pair had moved approximately 50 pips, but the price had not been able to penetrate and close below support one which...
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 AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to...
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...
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...