West Texas Intermediate (WTI) crude oil prices traded around $76.75 per barrel on Wednesday, reflecting a delicate balance of bullish and bearish forces. The recent imposition of new US sanctions on Russian oil exports has heightened concerns about...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...
The global gold market is currently navigating a complex landscape of conflicting pressures. The US dollar's strength, fueled by robust employment data and a hawkish Fed stance, has exerted downward pressure on gold prices. This pressure is further...
THE CURRENCY PAIR USD-CAD A bit more and it will touch the 200 moving average. Now if the bears push a bit, there will even be a breakout of the moving average, and then it will be possible to build a Fibonacci retracement to try to determine...
T E C H N I C A L _ A N A L Y S I S U S D / C A D I would explain recent price movements in the USD/CAD market. From a technical standpoint, USD/CAD is trading at 1.4358 at the time of writing. In the long term, USD/CAD is bearish now, while at the...