The USD/CAD pair prolongs its uptrend for the fourth successive day on Friday and has now reverses a major part of its weekly losses amid sustained US Dollar (USD) buying. In fact, the USD Index (DXY), which tracks the Greenback against a basket of...
China's GDP growth in 2024 reached the target 5% China's GDP grew by 5.4% in the fourth quarter of 2024, exceeding the projected 5% and figures from previous quarters (5.3%, 4.7% and 4.6%). This made it possible to achieve annual economic growth of...
The hourly chart of crude oil (#CL) demonstrates a clear upward trend during the analyzed period, reflecting the dominance of buyers in the market. The uptrend is supported by the formation of higher highs and higher lows, with minor pullbacks that...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The NZD/USD market price fell at dawn and helped the trend line price drop. The price of the battle is well aligned with the trend line, and after reaching this timeline,...
The EUR/USD hourly chart illustrates a period of relative instability, with the price moving within a defined range and experiencing occasional sharp drops. This behavior reflects a market that is currently indecisive, driven by both bullish and...
