Today's analysis focuses on the AUD/USD pair, particularly within the M30 time frame, revealing a potential bearish outlook. In our support-resistance analysis, two crucial levels stand out: the minor resistance zone near 0.6648x and the minor...
The price of West Texas Intermediate (WTI) crude oil, a significant US benchmark, hovered near $80.50 per barrel on Monday. This increase is driven by geopolitical concerns and anticipated summer demand. Tensions in the Middle East are heightening...
Understanding USD/JPY Currency Pair Dynamics and Potential Market Interventions The USD/JPY currency pair has been under scrutiny recently, with discussions focusing on the possibility of intervention to stabilize its price. This speculation arises...
Price Action Interpretation: USD/CAD Our conversation concerns decoding the live USD/CAD currency pair's pricing. From a global perspective, the USD/CAD currency pair is currently in a broad range. I will consider entering long positions once the...
Gold (XAU/USD) has recently demonstrated strong movement in the market. It's crucial for traders to grasp its potential resistance and support levels. Let's analyze the key barriers and targets for XAU/USD. Firstly, significant resistance is...