West Texas Intermediate (WTI) crude oil prices staged a recovery from their intraday lows during Thursday's Asian trading session, settling around the $62.20 per barrel mark. This rebound, however, appears to be encountering significant headwinds as...
Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize the...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
AUD/USD The 4-hour chart for the Australian Dollar against the US Dollar (AUD/USD) reveals a period of considerable volatility and indecision. Price action over the past week has been characterised by significant swings, making it challenging to...
A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
