USD/CAD H1 chart The USD/CAD closed the trading week at 156.78, precisely on the hourly envelope average line, which remained at 157.80 and thus is already south on H1. It is necessary to fix the number under 156.86 for a turn towards the south on a...
A Closer Look at Silver Prices Let's discuss the current price behavior analysis of Silver. The price of silver may decline from its current levels, but a retest of the 29.570 mark could still push it to the 30.899-30.799 range before another drop....
The AUDUSD currency pair's price appears to be attempting to break out of a downward trend. If it successfully breaks through the 200-period moving average, this level could provide support and prevent further declines. However, the price needs to...
Reading the USD/JPY Price I am presently dissecting the real-time USD/JPY currency pair's pricing analysis. The breakout from the sideways trend will head downward. The market is in a clear downtrend, and the decline continues to unfold. Although it...
Fundamental Analysis of US Crude Oil The recent drop in WTI crude oil prices is largely driven by a global economic slowdown, which has reduced oil demand. When economies slow down, less oil is needed for industries and transportation, putting...