Crude Oil Market Outlook: As we delve into the real-time evaluation of Crude oil price action, we must note that the daily and weekly oil charts indicate a downward trend. The recent pullback hit the upper limit of the Ichimoku Cloud indicator,...
Silver (XAG/USD) extended its aggressive rally on Friday, marking a third consecutive day of gains and pushing the "white metal" to trade near the $82.80 mark. This surge, which has silver on track for a weekly gain exceeding 5%, is primarily a...
EURUSD Market Analysis: EUR/USD price analysis remains controversial. Currently, on the 4-hour chart, buyers are attempting to reverse the downtrend, but the change is gradual. Sellers are still trying to regain control. The price is hovering around...
AUDUSD Chart Review: We are currently discussing the price action of AUD/USD. On the daily chart, the price continues to consolidate despite approaching the 80-day moving average. Yesterday, we saw a test that appeared to be a bounce, but today we...
AUD/USD on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors The Aussie dollar is in a tough tug-of-war with the U.S. dollar. The big theme driving AUD/USD is how traders are weighing U.S. growth and inflation against...