USD/JPY Technical Analysis: The USD/JPY is currently consolidating, with key support at 137.00 and resistance at 138.50. Recently, the pair has been forming higher lows, suggesting a bullish medium-term outlook. The Relative Strength Index (RSI)...
Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...
West Texas Intermediate (WTI) crude oil prices edged higher on Thursday, trading around $69.95 per barrel. This upward movement occurred amidst a backdrop of several key factors. Firstly, concerns over subdued global oil demand growth continued to...
Technical analysis of USDCHF Today we will be doing a technical analysis of USD/CHF. USD/CHF is a very important currency pair in the foreign exchange market. If we look at the chart on the H1 time frame, the market is currently sitting between...
EUR/USD Technical Analysis: Today, EUR/USD is hovering around 1.1020, showing mild bullish momentum. Key support levels I’m watching are 1.1000 and 1.0970, while resistance stands at 1.1050 and 1.1085. Looking at the indicators: The pair is...
