On the hourly chart, GBP/USD bounced off the 1.2788-1.2801 resistance zone on Thursday, turning in favor of the US dollar and consolidating below the 1.2709-1.2734 level. This led to a decline to the 1.2611-1.2620 support zone. A bounce out of this...
The USD/CAD currency pair surged to a four-year high of around 1.4240 on Friday, reflecting a significant weakening of the Canadian Dollar (CAD). This sharp appreciation of the US Dollar against the Canadian Dollar can be attributed to several...
EUR/USD Trend Analysis Recent Trend Overview The EUR/USD currency pair has demonstrated a downward trend in the past week, currently facing bearish pressure. It is anticipated that this downward trend may continue into the next week, with a higher...
Gold prices fluctuated during the week, with a slight increase of nearly 2.5% over the past three days. As of early Asian trading, gold prices hovered around the $2,700 level. Investors remained cautious ahead of the release of the US Consumer Price...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Hello, I prefer Crude oil for technical analysis. Crude oil is trading at 71.08 at the time of writing. Significant resistance is likely to be found in this area. Meanwhile, the price chart remains...
