Brent crude prices are exhibiting a solid recovery, having gained approximately 1.55%. This upward movement is being supported by recent U.S. government data which revealed lower-than-expected oil and fuel supplies, suggesting a potential tightening...
Market Analysis of CADJPY The CADJPY currency pair has been exhibiting positive bullish movement, particularly on the H1 timeframe. Currently, the price is trading above the 50-period Moving Average (MA), indicating a strong bullish trend. However,...
USD/CHF USD/CHF Forecast: US Dollar efforts to Build Base Against the Franc During Thursday's trading session, the US dollar first declined slightly before rising and displaying signs of life once more. Although it achieved a greater peak than the...
EUR/USD Technical Analysis: I’ve been watching EUR/USD closely, and right now, it’s trading around 1.0620, showing some signs of a pullback after recent declines. The pair still feels under pressure, with resistance sitting at 1.0700. If it breaks...
The chart represents the USD/JPY currency pair on an hourly timeframe, displaying price movements alongside Bollinger Bands and a Stochastic Oscillator (5,3,3). The price action has been in a clear downtrend, as observed from the series of lower...
