USD/CAD Technical Outlook: Bearish Below 1.3900 as Sellers Target 1.3700 USD/CAD is trading around 1.37669 on the 4-hour chart, with sellers firmly in control after an extended decline from the 1.4200 region. The visible structure is clearly...
Technical Breakdown: WTI Crude Oil (#CL, D1) The daily chart for WTI Crude Oil (#CL, D1) presents a transitional price action structure. Following a macro peak near $129.00 and a subsequent downtrend establishing a multi-month trough near $67.20 in...
GBP/USD is currently showing one of the clearest bullish structures on the daily chart that we have seen in this period. What stands out to me is not simply the latest upward move, but the way price has gradually built higher lows after the June...
GBP/AUD Technical Fundamental Evalution: The daily chart shows us the big picture of the GBP/AUD currency pair. Right now, the price is falling toward the 1.9024 level. A few weeks ago, the price was moving up, but that upward move has ended. The...
The New Zealand dollar continued its upward momentum against the US dollar on Friday, trading near 0.6000 and hovering close to its highest level since late May. The kiwi's resilience comes despite mixed signals from global data, suggesting that the...
