USD/JPY Daily chart: The USD/JPY market is in a downtrend, with the daily chart showing that the price is trading near 149.456. The market structure suggests a bearish trend as the price approaches the 149.300 support level. If this support is...
Markets appear to sense a potential shift in the president-elect’s previously hardline stance, offering some relief to the Canadian Dollar (CAD) and other currencies. However, uncertainty lingers in Canada’s political landscape following Prime...
Crude Oil Technical and Fundamental Analysis Technical Analysis: I have chosen the 1-hour chart to analyze the price action of Crude Oil. Several indicators were used in this analysis, which I will explain in detail before discussing the market...
Somehow the Euro buyers have completely lost heart, yesterday the price already tested the level of 1.04, it’s good that they didn’t consolidate below it, and this is despite the fact that the buyers actually need to break through the current local...
USD/CAD. Here on the US dollar Canadian pair there was previously just an ideal location to enter a purchase right at the support level of 1.4176, but personally, unfortunately, I did not take advantage of this in time. Here it was possible to earn...