EURUSD Daily Forecast EUR/USD has managed to build on its latest recovery as the price action has been able to sustain itself above important technical levels, lending a positive sentiment to the outlook in the near term. The pair has managed to...
USDCAD WEEKLY CHART ANALYSIS The Canadian dollar fluctuates due to changes in crude oil prices and changes in monetary policy. Because Canada is a major energy exporter, the Canadian dollar benefits from higher oil prices, but oil prices have not...
GBPUSD DAILY CHART ANALYSIS During the first part of the week, the market remained cautious given the new warnings from U.S. President Trump about Iran. With investors on edge, the new uncertainty and the extended closure of the Strait of Hormuz,...
How an Iran–US War Could Impact Crude Oil Prices An Iran–US war would be one of the most bullish geopolitical catalysts possible for crude oil because it directly threatens one of the most important energy chokepoints in the world: the Strait of...
EUR/JPY Analysis Bulls Pushing Into Resistance Territory The EUR/JPY pair on the H4 timeframe is showing strong bullish momentum, with price currently trading around the 186.70 level. The chart clearly reflects a steady uptrend that has been...
