The Loonie pair has been strongly influenced by fluctuations in oil prices, with its recent strength largely tied to the performance of crude oil. However, any sustained downturn in oil prices could accelerate the downtrend for the price, pushing...
USD/JPY: Simple Trading Tips for Beginner Traders December 17 (US Session) Trading analysis and trading advice for the Japanese yen The price test of 154.18 occurred when the MACD indicator moved well above the zero mark, significantly limiting the...
Support and Resistance Support and Resistance are key concepts in technical analysis used by traders to identify price levels where a stock, commodity, or asset might experience buying or selling pressure. These levels help traders make decisions...
Moving averages are my favorite technical tools for identifying trend, they are simple but yet effective because you can try different parameters and see how they work...
Key factors such as fluctuating commodity prices, geopolitical risks, and concerns over China's economic growth continue to put pressure on the economy, creating an uncertain outlook for the AUD. In addition, if U.S. inflation remains persistently...
