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GBPCAD Remains on Bullish Track – Market Forecast – May 8, 2025

The GBPCAD currency pair has maintained stability within its bullish channel, marking the end of a bearish correction at the 1.8285 level. Following this,...

Brent Crude Faces Negative Pressure – Analysis – 07-05-2025

Brent crude oil prices showed gains in recent intraday trading, testing the key bearish trend line on the short-term chart and reaching resistance at...

Crude Oil Tests Key Resistance Level – Analysis – 07-05-2025

Crude oil prices have risen in recent intraday trading, reaching a critical resistance level at $59.65. This price point serves as a potential turning...

EURJPY Hits Initial Target, Bearish Outlook Continues – May 6, 2025

The EURJPY pair has experienced negative pressure since yesterday, forming a series of bearish waves and reaching the initial target at 162.45 during this...

CADJPY Settles Below Resistance, Bearish Trend Expected – May 6, 2025

The CADJPY pair has closed with a negative outlook, maintaining its position below the resistance of the bearish channel at 104.90. This has led...

Oil Prices Slide Amid Weak Demand Outlook and Geopolitical Uncertainty

Oil prices continued their downward trend, pressured by persistent concerns over weakening global demand and the absence of a resolution in key geopolitical and...

Copper Retreats Below Key Resistance, Bearish Trend Persists – Forecast for April 30, 2025

Copper prices closed lower near the $4.7500 mark in the latest session, reinforcing the prevailing bearish outlook. The sustained failure to breach the key...

Silver Finds Support Amid Short-Term Bullish Correction – Analysis for April 30, 2025

Silver prices edged higher in recent intraday trading, buoyed by technical support at the 50-day Exponential Moving Average (EMA50). This level provided sufficient positive...

GBP/JPY Trades Sideways Below Key Resistance – Forecast for April 30, 2025

The GBP/JPY pair continues to trade sideways, remaining under pressure beneath the 55-day moving average, which is currently acting as resistance at the 191.55...

EUR/JPY Holds in Sideways Range Amid Weak Momentum – Forecast for April 30, 2025

The EUR/JPY pair continues to exhibit sideways movement, hovering near the 162.00 mark as it struggles to gather sufficient bullish momentum. Mixed trading behavior...

CAD/JPY Remains in Downward Channel, Eyes Further Losses – Forecast for April 29, 2025

The Canadian dollar to Japanese yen (CAD/JPY) exchange rate continues to trade within a well-established bearish channel, with price action confirming the prevailing downward...

Brent Crude Oil Price Outlook

Brent crude oil has seen a decline in recent intraday trading, as it broke a prior bearish correctional trend. The shift follows the emergence...

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