Analytics and Economic News
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Forex Technical Analysis - GBP/JPY | 24.07.2024
GBP/JPY review and forecast
Technical Analysis
US Dolar Index (DXY)
The Dolar Index (DXY) saw a minor decrease to begin the week, staying at 104.2. As expectations for a Fed interest rate drop grew last week, the DXY fell to 103 but gained support from Fed members' remarks and closed at 104.
Economic News
Market Overview July 24
In Wednesday's Asian trading, the New Zealand dollar declined vs a group of significant competitors, continuing its decline against the US dollar and emerging as the worst-performing global currency.
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Forex Technical Analysis - XAG/USD | 17.07.2024
Silver review and forecast
Technical Analysis
WTI Crude Oil (USOIL) Technical Analysis
For the second time this month, WTI crude oil was turned down from the $84.40 region, despite the fact that it has been rising since late June. The resistance zone's proximity to the R1 Pivot Point line didn't help.
Economic News
Market Overview July 17
Tuesday's global oil prices plunged to one-week lows in American trade, continuing their losses for the third straight day as worries about Beryl Hurricane-related damage to the oil infrastructure waned.
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Forex Technical Analysis - LTC/USD | Boeing | 16.07.2024
LTC/USD review and forecast
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Forex Technical Analysis - ETH/USD | 10.07.2024
ETH/USD review and forecast
Technical Analysis
GBP/USD Technical Analysis
The price has been rising steadily since the end of April, regularly reaching higher highs and lower lows. The price is currently close to both its last swing high and the upper Bollinger Band.