USDCAD Chart Review: This analysis focuses on the current price movement of the USD/CAD pair. The descending channel and descending resistance line suggest that the resistance level may not be broken, indicating a potential downtrend. However,...
DAILY CHART ANALYSIS OF EURUSD On the EURUSD daily chart, we can see the market sentiment shift from bullish to bearish. A remarkable high in the market was reached at the Fibonacci level of 100.0% -> 1.2050–1.2080. From there, the market underwent...
EUR/JPY bullish above 184.00, testing 184.50–184.65 resistance zone. Break above 184.65 opens upside toward 185.00–185.50. Below 183.85 shifts bias bearish toward 183.50 support. EUR/JPY is trading around the 184.15–184.30 region, showing mild...
Goldman Sachs raises oil price forecasts amid shipping disruptions and geopolitical risks Investment bank Goldman Sachs has raised its oil price forecasts for the second time in less than two weeks. The key factors behind this upward revision are...
Crude Oil Price Forecast: Crude oil price analysis is currently under discussion. The crude oil market continues to exhibit a bearish trend. Globally, the currency pair is moving within a momentum trend. In the medium term, it is below the recent...
