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/JPY Right now, USD/JPY is trading around 134.50, holding steady after some stability last week. The pair’s been supported by a strong U.S. dollar, but it’s having trouble pushing higher with global markets showing some caution. Technical View:...
How Inflation Affects Currency Value: A Crucial Insight for Forex Traders In the world of Forex trading, inflation is more than just an economic buzzword — it's a critical factor that can significantly influence currency value. Understanding how...
The Impact of Interest Rates on the Forex Market Interest rates play a crucial role in the foreign exchange (Forex) market, significantly influencing currency values, trader decisions, and market volatility. As one of the most important fundamental...
Examining USDCHF with Fibonacci numbers. I prefer to utilize the Fibonacci grid tool in a unique manner. I extend it from the highest point of the previous day's candle, marking the 100% level at 0. 82006, and set the low to the 0% level at 0....
