Crude Oil (#CL) Technical Analysis Crude Oil (#CL) is trading at 67.72, showing consolidation near the support level of 65.12 and below the resistance at 68.42. The Zigzag Indicator, which filters out minor price fluctuations and identifies key...
USDCAD currency pair - let’s look at the daily chart period today. The month of March, which began not so long ago, began with an intensive decline, which is understandable. The American dollar weakened against most of the major world currencies....
EUR/USD Technical Analysis: EUR/USD has been stuck in a narrow range today, with 1.0900 acting as solid resistance and 1.0800 holding up as support. I noticed that the pair tried to push higher but couldn’t break above 1.0880, indicating some...
Market Analysis: US Dollar/Japanese Yen Pair Recent Price Movements The US dollar/Japanese yen pair has recently broken above a significant resistance level at 150.72, reaching an intermediate level of 151.30. However, sellers quickly regained...
USD/CAD For the USD/CAD pair, here’s my take on the current technical and fundamental situation: Fundamental Analysis: U.S. Economic Data: I’m keeping an eye on U.S. economic indicators like GDP growth, unemployment, and inflation. If the Federal...
