Trade Analysis and Tips for Trading the Japanese Yen The price test at 143.76 coincided with the moment when the MACD indicator started moving upward from the zero mark, confirming the right entry point for buying the dollar. As a result, the pair...
Analyzing the current trend of the British Pound, it seems that the recent uptrend may not be sustainable, potentially signaling the start or continuation of a downtrend. Furthermore, the Pound may pull down against the Euro, especially since I...
The USD/CAD daily chart is presenting a consolidation pattern, with the pair trading near 1.34708 after experiencing a rejection from key resistance levels around the 1.38000 region. Over the past months, price action has been largely range-bound,...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
Oil Technical Analysis Crude Oil pops and tests above key level of $72 after China issues chunky financial injection. Florida braces for potential Tropical Cyclone Nine. The US Dollar Index steadies despite a surge in US yields. Crude Oil pops...