Today, I analyzed the AUDUSD pair on the M5 timeframe, focusing on the price movements and using the Relative Strength Index (RSI) with a standard period of fourteen. I observed that the pair has been showing some interesting dynamics recently, but...
OPEC’s dilemma: to freeze or boost oil production The global oil market is at a crossroads. Major oil producers are facing a dilemma: should production be increased or held steady? According to Reuters, citing informed sources, OPEC and its allies...
USD/CAD Analysis: Consolidation Phase and Mixed Signals The USD/CAD currency pair is currently trading around the 1.3650 mark, where the market appears to be in a consolidation phase, striving to stabilize its position. However, when considering...
General Points about GBPUSD: Today, the UK Construction PMI data will be released, which could further strengthen the Pound. An economic indicator reflecting the performance of the construction sector and providing insight into overall economic...
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