AUDUSD MARKET OUTLOOK AUDUSD 1H is trading at 0.71764, down 0.11% on the session, and pulling back from the rising blue trendline after rejecting the 0.7185 high. Price surged from 0.7100 on the 28th to 0.7185 on the 30th, tracking inside a steep...
Technical Analysis of Oil 1. Chart Description: The attached chart is an oil chart on the 4-hour timeframe. The previous price trend was identified by price channels representing the trend over the past two trading weeks, which is a downward trend....
TECHNICAL ANALYSIS OF CADCHF H4 CADCHF H4 chart shows price around 0.56722 after an extended downtrend from above 0.57770. The pair made a sharp spike low then recovered to retest the 0.56720 horizontal level. Price is currently trading below the...
EUR/CAD Price Forecast: Euro Strengthens as ECB Rate-Hike Bets Outweigh Weak Canadian Outlook EUR/CAD extends its advance for a second consecutive session, trading near the 1.6110 region as the Euro draws support from firmer European rate-hike...
USD/JPY Technical Outlook USD/JPY H4 chart presents a broadly bullish market structure despite the recent loss of momentum near the 159.30 region. After the sharp decline seen at the end of April, price established a significant base around 156.75...