Oil Daily Chart Analysis The oil prices on a daily chart have broken decisively out of a negative period into a sound recovery, but the recent action indicates a precarious position ahead - momentum and pattern should be closely observed. The market...
USDCAD Daily Forecast The USDCAD starts a minor setback after it reached a mark bordering on 1.3700 - nearly the highest point in almost fourteen days. Sinking on weaker American numbers, which have failed to comply with predictions, the greenback...
The Australian Dollar has been advancing steadily, with the AUD/USD pair reacting strongly to shifts in global commodity prices. As a commodity-linked currency, the Aussie dollar is deeply influenced by the performance of key exports such as iron...
DAILY CHART ANALYSIS OF CHFJPY The CHFJPY trades in the area of 202.60 in an evident upward trend, which is gaining momentum by increasing ups and downs. It did not slide but instead erupted violently to the side, being propelled by convergent trend...
Identifying Trends in the Forex Market: A Comprehensive Guide Identifying trends is a crucial aspect of forex trading, as it helps traders make informed decisions about when to enter and exit trades. In this guide, we'll explore the different types...
