The Australian Dollar (AUD) continues to trade within a narrow range, with AUD/USD slipping to around 0.6260 during Wednesday’s session, marking a 0.30% decline. The pair faced renewed selling pressure after failing to sustain momentum above the key...
The EUR/USD currency pair experienced a resurgence, climbing back above the 1.0400 mark and reaching a new weekly high. This upward movement was primarily driven by a weakening US dollar, which retreated in late trading sessions. Several key...
The EUR/USD H4 chart presents a complex price action with clear technical signals indicating potential trading opportunities. The price has been trending downward overall, with lower highs and lower lows forming a bearish structure. The 50-period...
West Texas Intermediate (WTI) crude oil futures were trading around $71.10 in early Asian trade on Thursday, experiencing a decline after a period of price stability. This downward movement appears to be influenced by several factors, including...
If buyers fail to generate at least minimal upward movement and the price declines, breaking through my bearish sell level at 1.23887, this will serve as a confirmation of downward momentum. In this scenario, I will close my buy position at a loss...