The chart represents crude oil (#CL) on an hourly timeframe, highlighting recent price movements and momentum indicators. The price appears to have been in a downtrend after a sharp rise in early January, as demonstrated by the declining moving...
GBP/USD Price Forecast In a gated story, the Wall Street Journal (WSJ) reported on early Monday that “momentum is growing among US President Trump’s advisers to place 25% tariffs on Mexico and Canada as soon as February 1. The advisers do not want...
EUR/USD Price Action Forecast Today the EUR/USD currency pair experienced a dramatic movement with dominant bearish momentum. The price opened around the level of 1.0493 and moved down due to the influence of strong fundamental and technical...
#CL Good morning, #CL has dropped to 73.70, which is 50 percent of the previous growth if we take 80.70 as the maximum and 67.00 as the minimum. In fact, by analyzing the huge daily decline volumes, we can conclude that the decline is likely to...
USD/CAD: A Close Look at the Current Market Dynamics(January 27,2025) The Impact of Trade Tensions One of the key elements affecting the value of the Canadian dollar right now is the ongoing trade tension between the United States and Canada. The...