Crude oil prices have seen some downside pressure recently, but this has been somewhat cushioned by a smaller-than-expected increase in U.S. oil inventories. The American Petroleum Institute (API) reported a rise of 2.86 million barrels, which was...
USDCAD Analysis The USDCAD currency pair is in an uptrend, making higher highs and lower lows. The price has recently corrected upwards and is currently testing the key resistance level at 1.4660. A break of this level could signal that the bullish...
Technical analysis of USDCHF Today I chose USD/CHF for technical analysis. The market price is falling and the trendline that helped it fall has been broken. While earlier the market price was very much respecting this trend line, now the market...
Technical analysis of GBPCAD Today I will start technical analysis on GBP/CAD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance and above support. If the...
Technical Analysis of EUR/USD The EUR/USD pair closed the trading session at 1.03741, reflecting a cautious market sentiment amid ongoing macroeconomic uncertainties. The pair has been trading within a defined range, with key resistance at 1.04074...