Technical analysis of the USDJPY pair On the daily chart, a price peak was formed with the monthly pivot level and the upper channel lines, and the price began to trend downward. The price started trading this month inside the triangle marked in...
Crude Oil trades substantially lower after several headwinds emerged on Tuesday. The Libyan outage is set to be resolved, while recession fears in China and Europe weigh on the demand outlook. The US Dollar Index trades above 101.00 ahead of the US...
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During the week, EUR/USD prices rose sharply, breaking above the mid-upper range and past the 50-day simple moving average at 1.0845. The US dollar index will drop in early trading and continue to trade below 1.0880; if this level is broken, the...
As the price moves in the same direction as the last two trading days, the pair trades within the bearish price channels on the 1-hour chart. Price received support from the mid-channel lines, and in the upward direction, it broke the channels...