USDCAD Daily Outlook The USDCAD daily chart clearly shows a change in the previous consolidation and trend structure from a slight uptrend to a clear downtrend. For several months, the price has been trading in a wide sideways range with lows...
The AUD/USD currency pair is currently facing a key descending trendline on the daily chart, which has been acting as dynamic resistance for several weeks. This trendline has proven to be a strong technical barrier, as the pair has repeatedly...
Trend Structure The USD/JPY currency pair has entered a clear downtrend on the daily chart. After trading between 146.00 and 151.00 from mid-February to early March, the currency pair fell significantly below a key support level and formed a...
Although the Federal Reserve has recently adjusted its inflation forecast upwards, investors still appear to believe that ongoing trade disputes may lead the central bank to lower rates again. This perception, combined with an overall favorable risk...
The weekly chart of USOIL (crude oil) shows a clear structural change. The uptrend continues to consolidate and then moves into a downward corrective channel. From a low of around $6.50 in early 2020, prices rose, breaking several all-time highs,...
