### Sellers Make a Comeback The pressure on sellers has reached an all-time high. Observing the sales waves indicated by the yellow box, it’s clear that bearish candles have dominated the market up to this morning. Interestingly, this decline hasn’t...
What Drives the Silver Price Action Currently, we are dissecting the ongoing study of the Silver pricing movement analysis. On the XAG/ USD chart, about 37% of yesterday's drop has been corrected (retracing to the 38.1 Fibonacci level). There is...
**EUR/USD Daily Chart Analysis** The trading day for the EUR/USD currency pair has started off slowly, with the market showing signs of consolidation. Last week, sellers dominated the market, and it was evident that a decline was highly probable. A...
**Bullish Outlook for USD/CAD Amid Upcoming Economic Data** We are observing a bullish scenario for the USD/CAD pair as crucial U.S. economic data related to the Producer Price Index (PPI), Consumer Price Index (CPI), and unemployment rates is set...
EUR/USD Analysis It is also possible for the price to rise at the beginning of the week and reach the blue channel line or the monthly pivot level before declining again. Therefore, the trader in the pair can't focus on selling opportunities during...