The EUR/USD H1 chart clearly reflects a bearish trend, with the price gradually declining after failing to sustain higher levels. The price action has respected the Bollinger Bands, with the latest movement touching the lower band, indicating strong...
USD/CAD Trend Direction Waves: The USDCAD currency pair is experiencing a strong upward trend, with the current trading value on the Ichimoku Cloud indicating significant momentum. The market is producing increasingly higher peaks and lower troughs,...
As Canada remains the largest oil exporter to the United States, the recent stability of West Texas Intermediate (WTI) crude oil prices, hovering around $69.90 per barrel, helps mitigate further losses for the Loonie. However, traders are closely...
Crude Oil Technical Analysis This market is like a long voyage, full of big waves and changing currents. If we read this chart like a navigator reads a sea map, we can see that the price has travelled a long way, reaching the peak of its last wave...
Morning Market Analysis: EUR/USD Dynamics Good morning, traders. As we begin our day, it appears that former President Trump has already declared victory in the ongoing political landscape, leading to a calm atmosphere throughout the day. However,...