Market Analysis The EUR/CAD hourly chart shows a market that has been range-bound for the last several trading sessions. Price action has oscillated between the horizontal resistance near 1.61700 and support slightly above 1.61400. Recent price bars...
USD/JPY continues to demonstrate impressive bullish strength on the H4 timeframe, and the recent price action suggests that buyers remain firmly in control despite short-term consolidation phases. Looking at the chart, the pair has been respecting a...
Crude Oil Forecast Crude Oil remains under strong bearish pressure on the H1 timeframe as sellers continue to dominate price action. The market opened near the 74.00 region and has experienced a steady decline over the past sessions. A series of...
During Wednesday's European trading session, silver (XAG/USD) nurses modest losses, trading a few cents above the $61.00 barrier. Following a 5.3% sell-off on Tuesday, the pair is still on the defensive as investors prepare for interest rate...
Technical Analysis of the USD/CAD Pair 1. Chart Description: The attached chart is a 4-hour timeframe for the USD/CAD pair, which uses the weekly pivot point indicator to identify support and resistance levels and price channels, illustrating the...
