Oil prices have remained under pressure this week, with Brent crude hovering just above the $80 per barrel mark, a level last seen in early June. Persistent concerns over global demand, particularly the disappointing consumption in China, have...
USD/JPY H-1 TIME FRAME CHART. As of now, on the H1 chart, the currency pair USDJPY remains steady at 153.745. An indicator on this platform, dubbed Instaforex, reveals that buyers hold a slight advantage of about 53.23%. Meanwhile, the indicator...
However, traders are waiting for the levels where the yen pairs are likely to bounce down after this upward wave. Yet, on the 4-hour chart, the pair's price is indicating a new upward target, which is the weekly resistance level of 206.64. This...
USD/CAD We are currently analyzing the live pricing of the USD/CAD currency pair. The support zone for the USD/CAD pair is still intact, indicating a bullish outlook. A bullish reversal pattern emerged yesterday in the form of an Engulfing candle,...
Currently, the price is between 1.0986 and 1.0806, indicating the need for consolidation and clearing the path. On the H4 timeframe, the significant support level is at 1.0986, while the resistance level is at 1.0806. Traders should look for entry...