The dollar index remained at its highest level in a month against a basket of currencies on Wednesday, as remarks from Christopher Waller, a member of the Federal Reserve Board of Governors, tempered expectations of an interest rate cut in March. Waller stated on Tuesday that, while the United States …

Oil prices fell on Wednesday as a stronger dollar curbed demand for crude denominated in the US currency, but increasing risks of supply disruptions amid the raging conflict in the Red Sea limited losses. Brent crude futures fell 36 cents, or 0.5 percent, to $77.93 per barrel by 0215 GMT. …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar successfully reached the initial upward target in the preceding trading session, attaining the milestone at 1.3500 and marking its peak at 1.3502. Analyzing the 4-hour chart, we observe the simple moving averages persisting in guiding the price from below, concurrently with positive signals from the momentum indicator. …

japanese-yen

Oil, Crude, trading

Mixed trading characterizes the movements of US crude oil futures in the initial trading sessions of the week. After reaching its lowest point at $72.27, the price rebounded to retest the $72.50 level. Technically, a negative bias is evident, supported by the initiation of negative crossover signals from the simple …

Gold prices experienced negative trading in line with the expected downward trajectory outlined in yesterday’s technical report, reaching the designated target at $2037 and marking a low at $2024 per ounce. Analyzing the 4-hour chart today reveals stability in trading below the support level of 2037, with gold still under …

The EUR/USD pair has conformed to the anticipated negative outlook outlined in the previous technical report, reaching the officially targeted level of 1.0865 and hitting a low at 1.0862. In terms of technical analysis today, examining the 240-minute time frame chart reveals continued pressure from the simple moving averages from …