General Points about USDCAD: The USDCAD market is currently closed at the 1.4219 level. Price action suggests that buyers have been gaining strength, supported by recent economic developments. Yesterday, the US Flash Manufacturing data provided some...
Importance of Support and Resistance Levels in Trading Support and resistance levels are fundamental concepts in technical analysis that help traders predict potential price movements and market trends. They represent price points on a chart where...
GBPJPY Analysis The GBP/JPY currency pair is currently experiencing significant price volatility driven by both technical and fundamental factors. The currency pair is trading in a clear trend, with price action at key support and resistance levels...
In Friday's early negotiation, crude WTI oil experienced a modest decrease since prices were around key resistance levels. The market seems to be testing the $ 72.50 brand, a level that has historically proven to be an obstacle. In the event that...
Weekly Analysis of NZD/USD Current Market Overview The NZD/USD currency pair has recently broken the resistance level at 0.5745 on the H4 time frame, indicating a potential bullish momentum. After this breakout, a new H4 candle has formed within the...
