USD/CAD: Navigating the Current Landscape of Opportunities and Risks (March 20,2025) Economic Outlook and Key Influencing Factors The U.S. dollar continues to show strength against the Canadian dollar, partly driven by recent statements from the...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, helping prices rise within the channel. Crude oil prices are now hovering above support and resistance levels. From the...
Technical analysis of US30 The US30, currently exhibiting a bearish trend, with the market price trading at 41,766 at the time of writing. This downward movement suggests a shift in market sentiment, potentially driven by macroeconomic factors,...
If the RSI moves above 70, it signals that the market may be overbought. Traders can look for selling opportunities or prepare for a potential price correction. Oversold Market: If the RSI falls below 30, it means that the market may be oversold....
GBPUSD Analysis GBP/USD tried to move towards the 1.3000 level after the Federal Reserve’s monetary policy announcement, but left the possibility of a rate cut open amid ongoing uncertainty over the US economic outlook. However, the uptrend did not...
