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Crude Oil Futures are currently experiencing a bearish trend, with prices falling steadily in recent weeks. The market has been respecting a long-term descending resistance line on the weekly chart, indicating that bears are...

USD/CHF saw a continuation of its rebound last week, with no clear signs of completion yet. The initial bias remains on the upside this week, targeting the 38.2% retracement level of 0.9223 to 0.8374...

This week, various significant events are expected to take place that could impact the global market. Here is a breakdown of what to look out for:Monday: People's Bank of China (PBoC) is anticipated to...

GBP/USD saw a slight decline last week to 1.2973 before bouncing back with the help of support around the 1.3000 mark. This led to a neutral bias for the upcoming week. A clear breakthrough...

The upcoming economic events for the week are as follows:- Monday: PBoC LPR announcement - Tuesday: NBH Announcement, IMF World Economic Outlook - Wednesday: BoC Announcement - Thursday: EZ/UK/US Flash PMIs (Oct) - Friday: PBoC MLF (TBC), CBR...

Last week, USD/JPY saw a slight increase in value despite a decrease in upside momentum. The 4-hour MACD indicator showed this trend. Analysts predict a further increase in value as long as the minor...

China is getting ready to make an announcement on Monday, October 21, 2024. The People's Bank of China (PBoC) plans to set the loan prime rates (LPRs) on that day. Last month, the PBoC...

EUR/USD saw a decline from 1.1213 last week, but managed to bounce back after reaching 1.0810. The initial bias for this week remains neutral for consolidations. However, the outlook will remain bearish as long...

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on the hourly chart, which is seen as a small negative....

The Dollar continued to dominate as the strongest currency for another week, supported by expectations of gradual rate cuts by the Fed. The recent rate cut from the ECB also gave the greenback a...