The USD/CAD currency pair has recently broken through a significant resistance level at 1.4244 and is currently in the process of retesting this level. During this retest, a bullish candle has formed, indicating interest from buyers. However,...
Analysis of the USD/JPY Pair on the H1 Time Frame Current Market Structure The USD/JPY currency pair is currently forming a bearish triangle pattern on the H1 time frame, which indicates a prevailing selling pressure in the market. The overall trend...
WTI Prices and Market Conditions West Texas Intermediate (WTI) crude oil prices are currently above $70.00, but the market is characterized by caution. Investors are closely monitoring the meeting between Donald Trump and Vladimir Putin. Analysts...
Gold prices experienced a surge during the North American trading session, reaching a record high of $2,956 per ounce, driven by a weakening US dollar and declining US Treasury yields. At the time of writing, the XAU/USD pair was trading at $2,949,...
Today's technical analysis focuses on the EUR/USD currency pair. The market has been in a bearish trend, which has contributed to a decline in price. Recently, the market price broke through the weekly support level at 1.0438, subsequently reaching...