The currency pair USDJPY - let's analyze the chart of the D1 period. The wave structure here is forming a downward pattern, the MACD indicator is once again decreasing in the oversold zone and below its signal line. The decline that occurred in...
Crude Oil (#CL) Technical Analysis H1 Timeframe The current H1 chart analysis shows that Crude Oil (#CL) trades at $59.97, gradually moving within a range defined by nearby support and resistance levels. According to the Zigzag indicator, recent...
At present, I notice a clear downward trend on the USD/CAD chart, leading me to think that the general movement of this trading asset remains negative. I can see that the price is definitely trending downwards, and I regard the current pattern as a...
US Market News Digest for April 7 SP 500 futures hover at critical support: rebound or breakout? On April 7, futures on the SP 500 index approached the key support level of 4,953. Holding above this zone could pave the way for a rebound targeting...
Recent market developments suggest that the Reserve Bank of New Zealand (RBNZ) may have completed its last 50 basis point reduction, leading to increased optimism for the New Zealand Dollar (NZD). The RBNZ's aggressive early easing measures have...
