USD/CAD Market Analysisossible Downtrend Trajectories The current analysis reflects our observation of some indications of a possible downtrend in the market. This trend is strictly followed by the bearish momentum of the moving averages and the...
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Oil Technical Analysis Crude Oil further declines, breaking below the psychological $70.00 level. Traders still see concerns over Chinese demand and OPEC’s impasse as key issues leading to oversupply. The US Dollar Index jumps after President-elect...
PAIR REVIEW USDJPY It was assumed that the pair could continue to roll back to the balance of the day 153.10 before the decline, and if they cannot break through it, there will be a reversal from it, but it was broken through, and according to the...
M-1 Chart Technical Outlook USD/JPY USDJPY failed to sustain its bearish momentum and after touching a low of 153.81, prices started correcting higher against the USD in the US trading session today. We can see the prices are close to the channel...
