Price is trading at 90.61 after a powerful 4.33% intraday surge. The larger trend has completely flipped to bullish. After the correction from 20 Aug to 26 Aug, where Oil dropped from 88.80 to 80.30, the market printed a clear higher low and started...
XAU/USD H4 chart, my current view is clearly more cautious and bearish in the short term. Gold has experienced a strong reversal after reaching the 4,680–4,700 area, and the price structure has changed considerably. Instead of making higher highs...
USD/CAD H4 chart, my current view is that the pair is at a critical decision area. Price is trading around 1.3903, very close to the important resistance zone near 1.3910–1.3920. For me, this area will determine whether the recent recovery develops...
EUR/USD is currently at an interesting technical crossroads. Looking at the daily chart, the pair is trading around 1.1588 after a strong recovery from the June low near 1.1320–1.1340. The recovery was impressive, but the latest price action...
Fundamental Analysis: The EUR/USD exchange rate is navigating a tight consolidation phase near 1.1589, influenced by shifting monetary policy expectations between the Federal Reserve and the European Central Bank (ECB). The U.S. dollar maintains...