Executive Market Overview: Gold is being quoted around the $4,575–$4,610 area in the latest available market data, while your working price of $4,454 represents a more aggressive bearish level and sits close to the major weekly support zone....
USDCAD Trading Analysis: USD/CAD is currently trading at 1.39107. The previous resistance level may be close to a bullish bottom over 1.40087, which will be a significant buying revolution; an overshoot might push the next immediate resistance at...
Different Rejections at Support and Resistance Levels Introduction Support and resistance are two of the most important concepts in technical analysis. The chart shows different types of candle rejections at these key levels and explains how traders...
#USDX H4: Buyers Attempt a Recovery, but Confirmation Is Still Needed The USDX is showing signs of a short-term recovery after a strong bearish move, with price rebounding from the 98.53 area toward 99.65. Buyers have regained some momentum, but the...
Executive Market Overview: West Texas Intermediate (WTI) crude is trading around $83.43 per barrel, essentially matching Friday’s $83.40 settlement. The latest weekly performance was bearish: WTI declined roughly 4.2%, while Brent fell about 5.4%,...
