I observe a strong bearish trend on the hourly market chart, which informs my current strategy. I identify the upper boundary of the descending channel at **0.56345** as a critical resistance zone, and I plan to wait for a retest of this level...
AUDUSD Daily Time Chart Analysis The AUD/USD pair has entered a downtrend and has been trading below its 20-day simple moving average (SMA) for four trading sessions. The weakness came after the US imposed new tariffs on Chinese imports, prompting...
USDCAD USDCAD outlook: The USD/CAD pair remains strong, trading near recent highs as the US Dollar continues to benefit from its economic resilience. The Canadian Dollar faces multiple challenges, including geopolitical tensions, weaker domestic...
West Texas Intermediate (WTI) crude oil futures experienced a rise to around $74.00 on the Nymex during Monday's European trading session. This price increase followed the United States' decision to retract its threat of imposing tariffs on...
EUR/JPY PAIR REVIEW Price of currency: EUR/JPY There was a fairly deep GAP down at the opening of the EURJPY market yesterday, Monday. The GAP occurred until the break down of the support line of 159.66 and then the price was again depressed down...
