Crude oil prices experienced a downturn on Monday, with West Texas Intermediate (WTI) trading around $69 per barrel. This decline followed a brief period of bullish momentum in the Asian market, which quickly dissipated during the US trading...
AUD / CAD: An Hourly Time Frame Recommendation The price of AUDCAD is following a bullish scenario, driven by the strength and resilience of the bulls. Upward momentum reflects the power of bulls, which currently dominate market sentiment. Based on...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis, the market price is rising. An ascending trendline helps the price to rise. Prices touching popular trendlines are high. The market price is when the train hits the line and...
The euro commenced the new trading week on a weak note, depreciating by 0.35% against the US dollar to trade around 1.0400. This weakness suggests a continuation of the prevailing downtrend, despite a brief period of upward price action in the...
THE CURRENCY PAIR USD-JPY Let's consider the D1 period chart. On this senior period, it immediately catches the eye how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. A good descent that ended in...