Despite the subdued trading conditions resulting from the Good Friday holiday closures across major financial markets, the EUR/USD currency pair is exhibiting a resilient tone. Currently trading around the 1.1385 level, the pair has managed to...
Early Thursday's European trading session suggests a potential upward trajectory for the USD/CAD currency pair, with expectations pointing towards the 1.3885 level. This anticipated rise in the pair appears to be underpinned by a combination of...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello and welcome to my new update on the XAU/USD market. XAU/USD is trading at 3326.98 at the time of writing. XAU/USD is bullish on this time frame. If the price of XAU/USD is seen in this time...
EUR/USD Looking at the DXY chart, I see that the US dollar index has endured another difficult week due to trade war tensions, political turmoil, and macroeconomic hesitation. The US Dollar index fell for a fifth straight week, extending its recent...
On Balance Volume (OBV) On-Balance Volume (OBV) is a technical analysis indicator that uses volume flow to predict changes in price. It was developed by Joseph Granville and is based on the idea that volume precedes price movement. In simple...