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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 […]

The post Brent Crude Prices Edge Higher Amid Middle East Tensions appeared first on Action Forex.

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17/05/2024

USDCAD Bounces Off Medium-Term Uptrend Line

USDCAD recovers some ground above 1.3600 Oscillators suggest upside correction in short-term USDCAD has gained little over the last couple of sessions, and it managed to hold above the medium-term ascending trend line and re-enter the 1.3600 area, with the technical oscillators feeding prospects for possible positive short-term trading; the RSI is moving sideways slightly beneath its […]
11/04/2024

USD/JPY Rises to Highest Since 1990

This morning the USD/JPY rate is around 153.20 yen per US dollar, which was facilitated by a sharp strengthening of the dollar against the backdrop of news about inflation in the United States. Thus, the yen weakened to levels last seen in mid-1990. At the same time, an important event occurred — a bullish breakdown […]
18/07/2024

Elliott Wave Intraday: Rally in Bitcoin (BTCUSD) Looking Impulsive

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