During Thursday's North American trading session, the US dollar experienced a notable decline, propelling the EUR/USD pair to approximately 1.0450. This downward pressure on the dollar was reflected in the US Dollar Index (DXY), which measures the...
On Friday, the USD/CAD pair exhibited a notable struggle near the crucial resistance level of 1.4200 during European trading hours. This movement followed a recovery from a three-day low of 1.4166, which was observed after Thursday's economic data...
US West Texas Intermediate (WTI) crude oil prices displayed a period of consolidation during Friday's Asian trading session, maintaining a narrow trading range and consolidating gains accumulated over the preceding four days. The commodity is...
GBP/USD Technical Analysis H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart rose towards 60 after falling to the 50 area on Wednesday, suggesting that technical buyers remain interested. On the upside, 1.2650 (78.6%...
As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
