Analyzing the D1 timeframe chart of the EURUSD currency pair reveals intriguing dynamics over the past two trading days. After neutralizing previous downward movements that persisted for nearly half a month, the price surged to a new high for 2024...
**Crude Oil Price Action Analysis: Key Insights and Forecast** The current analysis of crude oil price action reveals intriguing dynamics that could impact trading strategies. Presently, oil prices are under pressure, with recent declines suggesting...
The pair continues its upward trend, hovering around 1.0950 during Tuesday’s US session. This upward momentum for the Euro is primarily due to the weakening US Dollar (USD), fueled by growing speculation that the Federal Reserve may lower interest...
USD-CAD PAIR ANALYSIS I will observe the price movements that occur on the chart with the H4 timeframe, it seems quite clear that in the last few weeks of trading, the movement in the USDCAD currency pair is still under the control of the buyer's...
The EUR/USD currency pair is experiencing a challenging environment, with its upward trajectory being hindered by impulse resistance. This term refers to a level where the currency pair has difficulty moving higher due to the presence of selling...