What is ahead: Fed Rate & Trump’s Trip to Asia

The dollar index remains in a sideways mode for the third consecutive day and moving within a narrow range, just above new multi-month low. Near-term price action slowed ahead of key event – Fed interest rate decision – which is expected to define fresh direction. Technical picture on daily chart is firmly bearish as negative […]

Brent crude oil prices are currently hovering around $82.00 per barrel this Monday, with market sentiment influenced by recent developments in the Middle East. Although concerns over disruptions to energy supplies from the region have somewhat subsided, the possibility of supply disturbances continues to support oil prices. The rejection of a ceasefire offer by Israel […]

EURUSD: ⬆️ Buy EURUSD broke the resistance area Likely to test resistance level 1.1600 EURUSD currency pair recently broke the resistance area between the resistance trendline of the daily up channel from the end of February and the resistance level 1.1465 (which stopped the previous impulse wave i). The breakout of this area accelerated the […]