The EUR/USD currency pair is currently in a downward trend, reaching a new 54-week low and falling below the 1.0500 level. This decline is primarily driven by the strength of the US Dollar and the weak economic outlook for the Eurozone. The US...
Technical analysis USD/CHF H-4 Having highlighted the current price movement of the US dollar/Swiss franc currency pair, I think it is not worth talking with confidence about continuing the four-hour upward trend, but it is also premature to see it...
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...
Gold Price Activity Review Yesterday, gold prices surged, followed by a decline, closing lower. Asia and Europe initially led the rise in stock prices, but the US market open sparked a rally towards the 2605 level. However, the up move was...
H-1 Chart Technical Outlook GBP/USD During a rollback, the daily balance of 1.2660, the pair will continue to move towards resisting H1 1.2720. If they can break resisting H1, the growth will continue to resisting H4, they cannot break.. Through...
