The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
The provided chart represents the H4 timeframe for GOLD, showing a strong bullish trend with a notable price increase. The price is currently trading near the 2919.33 level, which is a key resistance point, while the red moving average line suggests...
THE CURRENCY PAIR USD-CHF Sergey, hello! What we have now, according to the daily chart readings for the wave technique for USD/CHF, is that it seems that our instrument has gone flat again. If you move your gaze along the history—to the left—it...
Hello. Yes, gaps down on Mondays do not mean anything good for sellers. Although they cover them, such price gaps indicate the strength of sellers, who can still push through the defense and go further down the older downward trend. Yesterday, just...
West Texas Intermediate (WTI) crude oil prices were trading around $72.15 in early Asian trading on Tuesday, exhibiting a modest recovery despite persistent concerns surrounding global trade. This price increase occurs amidst ongoing worries about...
