Forecast of Crude Oil The price of Crude Oil climbed upward at the beginning of the current trading week, which is why it crossed the moving average lines to the upside and changed the direction of the trend. After the moving average lines crossed...
Let’s consider the chart of the D1 period - the USDCAD currency pair. Not so long ago, a trading month was passed and the price movement was in different directions. Buyers dominated, continuing, as if by inertia, the upward movement that they...
AUD/USD Technical Overview and Fundamental Outlook for Next Week AUD/USD tested the previous low of 0.6370 last week and closed at 0.6390 on Friday. On the daily chart, the market price reached key support at 0.6365 but ended the day above it. If...
USD/CAD Technical and Fundamental for Next Week The USD/CAD has been rallying a bull trend in the past week. On the 4-hour chart, the market price broke the resistance at 1.4100 and quickly moved toward the next key resistance at 1.4175. If the...
The USDMXN pair price is currently trading below the two Moving Average lines, suggesting the possibility of further decline. However, the death cross signal has not yet appeared as the EMA 50 has not crossed the SMA 200. Although the direction of...