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Crude Oil Price Rebound Unwinds After Testing 50-Day SMA

by admin · September 1, 2022 ·

Despite a larger-than-expected fall in US inventories, the price of oil trades at a new weekly low ($88.27). Crude may continue to give up the climb from the monthly low ...

4 Global Market Updates- 1 September, 2022

by admin · September 1, 2022 ·

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In this article, we have covered the highlights of global market news about the NZD/USD, XAU/USD, USD/JPY and GBP/USD. NZD/USD recovers from a multi-week low and reclaims 0.6100; upward potential seems restricted. The NZD/USD pair ...

Forex Market Speculation: A Psychological Analysis

by admin · August 31, 2022 ·

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Trading involves forex speculation, which is the name of the game. Every trader, at some time or another, has to click ‘buy’ or ‘sell’ and commit to a position based ...

Euro (EUR) Breaking News: Record Inflation Print Heats ECB

by admin · August 31, 2022 ·

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Inflation in the Eurozone reached a new high in August, and analysts anticipate that it will continue to climb in the months ahead. According to statistics provided by Eurostat, the ...

4 Global Market Updates- 31 August, 2022

by admin · August 31, 2022 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, USD/CAD, GBP/USD and USD/CNH EUR/USD loses momentum, putting parity to the test; look at EMU CPI Alternating ...

Silver Price Analysis: Below $19.00, bears have the upper hand.

by admin · August 30, 2022 ·

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Silver continues to be in a defensive position close to a one-month low that was reached on Monday. The current environment is favorable for pessimistic traders and lends credence to ...