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...
USDCHF Daily Time Chart Analysis The USDCHF pair is under pressure after three consecutive bullish sessions and is facing a strong resistance near the 50-day simple moving average. The pair remains below the uptrend channel and technical indicators...
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 prices remain under pressure as a weak demand outlook and rising global economic risks weigh on market sentiment. Investors are closely watching the upcoming Q3 Gross Domestic Product (GDP) data from the Eurozone and the United States (US)...
USD/CAD. Here on the US dollar Canadian pair there was previously just an ideal location to enter a purchase right at the support level of 1.4176, but personally, unfortunately, I did not take advantage of this in time. Here it was possible to earn...
