Crude Oil Market Analysis: Bullish Trend Confirmed With Key Technical Indicator The current crude oil price is at 78.48 as of market close. Analyzing the H4 chart, the price is currently above the 50 and 100 SMAs (Simple Moving Averages). These SMA...
The image provided appears to be a technical analysis chart used for trading financial instruments such as stocks, forex, or cryptocurrencies. Let's break down and analyze the key components of the chart: ### 1. **Chart Pattern and Trend Lines** The...
AUDUSD H4 Australian unemployment and employment rates are important in changing market sentiments. In addition, US Federal Funds will bring up rates, FOMC meetings, FOMC Economic Project, and press conference AUD/USD market volatility. Therefore,...
USD/CAD Currency Pair Analysis: Weekly Review and Future Outlook: As we conclude the trading week, it's time for an immediate review of our position on the USD/CAD currency pair. Over the past two years, we have been monitoring a long-term pattern...
We have closely monitored the ongoing price fluctuations in the USD/CAD currency pair. As the week has concluded, we find it necessary to promptly review our trading strategy on the same chart. Delving deeper, we observe a long-standing pattern...