The reversal in the USD/CAD pair and the strengthening of the Canadian dollar were the main reasons for the pair's recent downward movement. Although the pair briefly tested higher levels, it showed signs of weakness, indicating potential downward...
Weekly Technical Analysis of WTI Crude Oil The West Texas Intermediate (WTI) crude oil market is showing strong signs of bearish pressure as prices hover near the critical $67.50 level. This area has historically served as a significant multi-year...
AUD/USD:✌️✌️ The analysis of the AUD/ USD currency pair's price action will be the main topic of our conversation. The current outlook for the AUD/USD pair shows a predominance of buy orders in the order book. However, I anticipate a potential...
Current Market Dynamics At present, the USD/JPY is exhibiting bullish momentum according to several technical indicators. This bullish sentiment is further supported by the price's position above the 72-period moving average (MA72), which often acts...
USD/CHF has been trading within a defined range, without breaking any significant boundaries. Currently, the key level to monitor is 0.84837, which is anticipated to act as a resistance point for bullish movements. If this level holds, a potential...