As the new trading week commenced in Asia, West Texas Intermediate (WTI) crude oil, the primary benchmark for US oil prices, was observed trading around the $60.80 mark. This price level reflected a continued defensive stance among traders as they...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello fellow readers, today EUR/USD has an interesting setup for our day trading. Now I am preparing an analysis of the EUR/USD market which I hope will be useful for us. Without any further delay,...
Good evening, colleagues. I recommend analyzing the USDJPY currency pair using the hourly time frame (1H). When examining the recent price movements, it is evident that the market has been operating within a bearish trend. This trend is...
GBP / CAD: An hourly time frame suggestion The Canadian positive news data is the main cause of the strength of the Canadian Dollar, which helped push the currency higher across several pairs throughout the week. That upbeat momentum came as a...
The recent trading week for USDJPY ended rather uneventfully, as was widely expected due to the holiday season. The overall market mood remains quite bearish, indicating a tendency for the currency pair to stay on the downside, at least in the near...