The AUD/USD currency pair is trading near the 0. 6390 level as a new week starts, indicating that price movements are stable and strong. Analyzing the technical side, the daily chart suggests a positive outlook for the Australian Dollar against the...
USD/CAD Market Analysis The current condition of the USDCAD currency pair still looks slowly bearish, since the market opened at the beginning of the month the price has dropped below the Simple Moving Average 60 indicator in yellow, giving an...
The currency pair appears to be forming a bearish Broadening Formation pattern; however, recent technical developments suggest that bulls may still have the upper hand in the near term. The pair broke above the 20-day Simple Moving Average (SMA) and...
Oil Daily Forecast The daily chart of USOIL (Crude Oil) shows a clear shift in market sentiment from the previous bull market to a clear bear market. Initially, the price fluctuated in a relatively stable range, hovering between $72.00 and $78.00....
USD/CHF USD/CHF is holding steady around 0.8940 this morning, after consolidating for a while. The pair’s been supported by the strength of the U.S. dollar, but it’s not making much headway as the Swiss franc remains fairly resilient due to its...
