Oil prices on Thursday recorded a significant decline and before the introduction of intraday recovery achieved a new minimum of pulling $ 72.77. This decline led to a decay under a growing trend line and since the beginning of November, prices have...
Market Fundamentals: The Euro continues to struggle against the Japanese Yen as market sentiment remains bearish amid expectations of aggressive rate cuts by the European Central Bank (ECB). The bleak economic outlook for the Eurozone, coupled with...
Oil prices fell to January lows Oil prices fell to January lows on Thursday due to concerns about the possible imposition of U.S. tariffs on oil imports from Mexico and Canada, the largest suppliers of raw materials to the United States. By...
The USD/CAD H1 chart shows price action oscillating within a broader consolidation phase, with significant resistance near 1.4520 and fluctuating support around 1.4320. The price is currently trading near 1.4400, slightly above the red moving...
Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price has been moving in a downward direction during the previous two trading weeks, and during this week we have an attempt to change the...