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...
Technology Outlook USD/JPY daily chart USD/JPY fell for a second day in a row—the first negative move in the previous six days—and fell to its lowest level since December 9 in early European trading on Thursday. Spot prices are currently trading...
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...
Short-Term Analysis (24-Hour View): The New Zealand Dollar (NZD) experienced volatile movements against the US Dollar (USD) within a constrained range, fluctuating between 0.5678 and 0.5730 before closing at 0.5705 (+0.02%). This price action...
EUR/USD Technical and Fundamental Analysis Technical Analysis: On the 1-hour time frame, the EUR/USD market was initially in a downtrend and was showing a bearish trend. However, the market has now broken out of its previous structure and is...