Price Action and Trend Analysis The crude oil market is currently in a strong uptrend, as evidenced by the series of higher highs and higher lows on the chart. The price has recently risen to 71.85 before pulling back slightly to 71.52. The red...
The currency pair has surged near 1.2480 against the Dollar during Thursday’s early trading session. This rally comes as the Dollar tumbles in response to a slew of economic data from the United States. The Dollar, which measures the Greenback’s...
EUR/USD Technical Analysis and Basic Concepts The EUR/USD market has been in a downtrend recently. After reaching 1.0370 today, it started to fall rapidly and is currently trading around 1.0348. The price broke above the 20 small moving averages...
Technical analysis of GBPCAD Today we will perform a technical analysis on GBP/CAD. When do support and resistance levels in the market appear? The market also broke through the support level, which is now resistance and will be the next support...
The AUD/USD pair slipped to 0.6180 during Thursday's trading session, reflecting a tug-of-war between a softening US Dollar and a weakening Australian Dollar. The dip follows remarks from a prominent "Fed whisperer" indicating an increased...
