EUR/USD H-1 This is exactly the moment I would like to see when trading EURUSD , that is, a rollback and then a continuation of the downward movement. It turned out, as usual, everything was the other way around... After the formation of a gap, the...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
We are currently evaluating the price action dynamics of the USD/CAD currency pair. Last week, the Bank of Canada lowered the discount rate, which led to an expected drop in the USD/CAD exchange rate. However, the weakening of the Canadian dollar...
Forecast of Crude Oil Daily time frame chart outlook: The price of Crude Oil had to be adjusted as according to the RSI indicator, it had oversold at the support level of 72.44, which was reached last week, as can be seen by looking at the daily...
Forecast of USDCHF Daily time frame chart outlook: The USDCHF price has been in a positive trend on the daily time frame chart for over three months, starting from the beginning of February and ending at the end of May. As a result of the resilient...