I think the positioning of the pier matches my view since I regard it as an important moment for the asset's strengthening before any possible breakout happens. At present, the price stands at 1. 3083, which is higher than the XamaSystem indicator...
USDCAD Analysis The USDCAD daily chart shows a clear trend structure. The long-term uptrend extends downwards and ends with a sharp breakout. The first part of the chart shows a strong upward trend. The pair continues to move upwards and overcomes...
Oil prices have continued their downward trajectory, primarily driven by escalating concerns regarding the deterioration of global economic expectations. This bearish sentiment was amplified on Wednesday, as West Texas Intermediate (WTI) crude oil...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
GBP/USD – Weekend Week Ahead As we head into the weekend, I’m watching GBP/USD, which is sitting around the 1.2450 level after a pretty choppy week. The pair dipped close to 1.2400 before bouncing a bit, but overall, the momentum still feels a bit...
