Price Action and Trend Analysis The crude oil market is currently in a strong uptrend, as evidenced by the series of higher highs and higher lows on the chart. The price has recently risen to 71.85 before pulling back slightly to 71.52. The red...
The currency pair has surged near 1.2480 against the Dollar during Thursday’s early trading session. This rally comes as the Dollar tumbles in response to a slew of economic data from the United States. The Dollar, which measures the Greenback’s...
Technical analysis of GBPCAD Today we will perform a technical analysis on GBP/CAD. When do support and resistance levels in the market appear? The market also broke through the support level, which is now resistance and will be the next support...
EURUSD currency pair - let’s look at the H4 chart again today. The past trading week was mixed. They went down a bit, then returned and stayed in place. Well, it’s understandable, pre-holiday and holiday days gave little movement, but on December 31...
The Australian dollar (AUD) experienced a brief reprieve against the US dollar (USD) on Thursday, following the release of China's Caixin Manufacturing Purchasing Managers' Index (PMI). Given Australia's close economic ties with China, any...
