The British pound has been on a roll against the US dollar for the past three days. This upward trend is likely to continue in the near future, influenced by expectations of a weaker US dollar and a dovish Federal Reserve. The key factor driving the...
On Friday, Crude Oil saw a notable increase of over one percent, trading at $77.77 per barrel. This recent price action highlights the ongoing volatility and dynamic nature of the oil market. Currently, Crude Oil is experiencing a short-term...
THE MONEY MARKET STOCK EXCHANGE The money market and stock exchange are two vital components of the financial system, often confused with each other. Here are the differences: Money Market: - Short-term focus: Instruments have short maturities,...
The EUR/USD currency pair, which measures the value of the Euro against the US Dollar, has recently shown a notable pattern in its trading behavior. Specifically, it has dropped below its ascending channel on two distinct occasions. These...
GBPUSD If the market closes above the 1.7400 level, it would be a significant indicator that prices are likely to continue their upward trajectory, moving towards the 1.2800 mark. The 1.2800 level is identified as the third level of resistance, and...