THE CURRENCY PAIR USD-CAD A bit more and it will touch the 200 moving average. Now if the bears push a bit, there will even be a breakout of the moving average, and then it will be possible to build a Fibonacci retracement to try to determine...
The US dollar weakened slightly against the Swiss franc during early European trading on Wednesday, trading around 0.9120. This cautious market sentiment stems from the anticipation of the upcoming US Consumer Price Index (CPI) data for December,...
TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
The given text discusses the consolidation of the EUR AUD currency pair in a daily time frame, where it is confined within an inside bar pattern between the prices of 1.67417 and 1.64882. Additionally, the movement is limited by a symmetrical...
West Texas Intermediate (WTI) crude oil prices traded around $76.75 per barrel on Wednesday, reflecting a delicate balance of bullish and bearish forces. The recent imposition of new US sanctions on Russian oil exports has heightened concerns about...