Crude Oil (CL)s Current Fundamental, Technical and Sentimental Overview (2nd Sep, 26) Fundamental Analysis: Fundamental analysis looks at the real-world factors of supply and demand that drive price movements. Supply Drivers: Middle East...
The New Zealand dollar slid to near 0.5855 on Wednesday, coming under renewed selling pressure after the Reserve Bank of New Zealand delivered a widely anticipated interest rate hike that carried a notably dovish undertone. The central bank raised...
USDX H4: A Potential Bounce Toward 100.00 The USDX H4 chart is showing an interesting recovery setup after the sharp decline seen during August. Price previously dropped from the 100.90–101.00 region and continued lower, eventually reaching the...
1. Current Price Action Key Levels At the time of the capture, AUD/USD is trading at 0.71433, near the session high of 0.71436 and above the low of 0.71380. This indicates mild bullish intraday pressure, with the pair attempting to recover from...
Good vs Bad Breakouts: How to Identify the Right Entry in Forex Trading A Breakout Is a Process, Not Just a Candle A breakout occurs when price moves beyond an established support, resistance, range boundary, swing high or swing low. It can signal...