Crude Oil Price Action Review The current topic of discussion is the Crude Oil price behaviour analysis. Yesterday, oil continued to consolidate at around 78.0. The upper wicks on the daily candles indicate resistance, suggesting a possible...
USD/ CAD Price Review and Summary Presently, we are in the process of decoding the USD/ CAD currency pair's live pricing. This week, USD/ CAD mostly traded sideways, except for Wednesday when significant news about the dollar emerged, causing the...
Fundamental Analysis On the opening day of a new week, the gold price (XAU/USD) needs to build on Friday's gains and draw new sellers. Throughout the Asian session, the commodity maintained its offered tone; it is presently trading below $2,325 and...
I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
The USD/JPY currency pair has several important resistance and support levels that traders should closely watch. Currently, the high resistance level is 157.13, with another significant resistance at 155.76. These levels have proven to be strong...