The price of crude oil has been steadily increasing throughout the week, starting at a low of $66.60 on Monday and reaching a high of $71.49 on Friday. The closing prices also remained above the $71.00 per barrel mark. The ongoing tensions between...
Forecast of Silver The price of Silver fluctuated around the moving average lines on the lower time frame charts (H1 and H4), which is why the Silver's trading activity appears to be within the range zone. However, I saw that the price of Silver...
EUR/JPY Price Trend Continuation I tried to monitor the market using a 4-hour time frame, but it was still apparent until the close of trading this morning that the trend situation in the EURJPY market this week tended to move towards the Downtrend...
The USD/CAD currency pair saw mixed trading during the Asian session on Friday. Although it initially moved higher, the lack of sustained buying interest kept it below the important psychological level of 1.4000. Strong Canadian CPI data released on...
Points Take Away about GBPNZD: In the present week, the UK Financial Department's releases, including CPI, Retail Sales, Monetary Policy, and Flash Manufacturing and Service PMI, did not provide any significant boost to the GBP. Despite the...