Markets appear to sense a potential shift in the president-elect’s previously hardline stance, offering some relief to the Canadian Dollar (CAD) and other currencies. However, uncertainty lingers in Canada’s political landscape following Prime...
Crude Oil Technical and Fundamental Analysis Technical Analysis: I have chosen the 1-hour chart to analyze the price action of Crude Oil. Several indicators were used in this analysis, which I will explain in detail before discussing the market...
I often find myself reflecting on the nature of the market, especially during periods of inactivity. I think it’s interesting how, when nothing significant happens, we tend to overanalyze and search for reasons behind the lack of movement. I believe...
The traditionally safe-haven price faces potential headwinds as geopolitical tensions in the Middle East show signs of easing. Market participants are closely monitoring ongoing negotiations for a long-delayed ceasefire agreement and a hostage...
#CL I wish you all a great mood! On the daily chart, the linear regression channel is heading south, showing a strong seller in the market, who is trying to go down to 71.33. The bear selling zone on the daily chart is near the upper border of the...
