Technical Indicators Suggest a Mixed Outlook The EUR/USD pair faces sustained downward momentum, yet technical indicators provide a more nuanced perspective. The Relative Strength Index (RSI) at 29.01 signals proximity to oversold levels, though it...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello fellows. Today, I'll be analyzing NZD/USD. NZD/USD is trading at 0.5848. The USD index (DXY) is at 107.03 at the time of writing. According to my analysis, NZD/USD looks bearish in this time...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Hi, dear forex traders and visitors from all over the world. Today we will examine the price action of the Crude oil market, let's study its price movement. Crude oil is trading at 70.26 at the...
I believe that the pair will continue to decline. However, the level of 1.0300 offers strong support. As long as the euro is trading above 1.0300, it is unlikely to decrease. Today, we may see the pair hovering between 1.0319 and 1.0395 during the...
USD/ CAD Price Action Mastery Analyzing the current price behavior of the USD/ CAD currency pair is our topic of discussion. The quote responded to a higher than expected increase in the Canadian consumer price index. The downward movement is...
