Support and Resistance Support and Resistance are key concepts in technical analysis used by traders to identify price levels where a stock, commodity, or asset might experience buying or selling pressure. These levels help traders make decisions...
EUR/USD keeps trading around the 1.0500 mark in the American session on Tuesday. A negative shift in risk sentiment revived the haven demand for the US Dollar earlier in the day, while tepid US Retail Sales figures put near-term pressure on the...
Moving averages are my favorite technical tools for identifying trend, they are simple but yet effective because you can try different parameters and see how they work...
Key factors such as fluctuating commodity prices, geopolitical risks, and concerns over China's economic growth continue to put pressure on the economy, creating an uncertain outlook for the AUD. In addition, if U.S. inflation remains persistently...
The Loonie pair has been strongly influenced by fluctuations in oil prices, with its recent strength largely tied to the performance of crude oil. However, any sustained downturn in oil prices could accelerate the downtrend for the price, pushing...
