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...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Today, let's talk about the chart prepared in this time frame. Our objective today is to estimate future movements in the price of Crude oil. Crude oil is trading at 77.98 at the time of writing....
Bitcoin posted modest gains early on Tuesday, briefly attacking $97,000 before retreating slightly. The move followed Monday's significant hammer candlestick formation, which is likely to attract the attention of technical traders. Bitcoin appears...
EUR/USD Technical Analysis: As of today, January 15, 2025, EUR/USD is trading around 1.0248, showing a slight increase of 0.04% from the previous close. I'm watching the pair closely as it's testing a critical support zone near 1.0230, which has...
The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...