On the daily timeframe, I also anticipated a rollback. We might see it today. After breaking through the level, the price hasn't moved far, so a retest approach is possible. While the sales look promising, a correction should be expected. The euro...
Price Action Insights: Silver Silver's price behaviour analysis is very open to discussion. On Thursday, Silver declined but couldn't sustain a position below the average Bollinger band and bounced back up. Although the growth has halted, the RSI...
The media's tendency to amplify the impact of economic indicators, such as inflation, can create significant market volatility. The recent headlines about rising inflation might temporarily drive the USD/CAD pair lower, potentially targeting a...
USD/ JPYrice Movement Insights In our discussion, we'll analyse the price changes of the USD/ JPY currency pair. The USD/JPY pair experienced a sharp decline this week, primarily due to the Bank of Japan's decision to raise interest rates to 0.16%,...
Crude Oil Price Movement The Crude Oil price behavior analysis is a topic for discussion. Yesterday's U.S. labor market statistics negatively impacted the U.S. dollar, serving as a wake-up call for the oil market. The labor market slowdown reflects...