U.S. crude oil, particularly West Texas Intermediate (WTI), has been showing signs of a bearish market in recent trading sessions, reflected by a consistent downward pressure in prices. The hourly chart reveals that although the market is trapped in...
The EUR/USD pair has shown notable resilience, trading near 1.0565, as the euro regains footing after a turbulent November marked by a sharp 3% decline—its steepest monthly drop since May 2023. This recovery has been partly attributed to technical...
Technical Analysis USD/JPY H-4 Chart Hello everyone, technical analysis for the USD/JPY currency pair on the H4 chart: Current price: 151.41 The pair is trading below both the moving averages (MA50 and MA200), which shows a bearish trend in both...
The USD/CAD pair reflects a dynamic interplay of forces, with technical and fundamental factors influencing its recent behavior. Leading indicators point to a sense of caution among traders. The Awesome Oscillator at 0.01028 remains neutral,...
•••EUR/USD Analysis: November 29, 2024••• Today, the EUR/USD pair has maintained a cautious trajectory, trading around 1.0565 to 1.0568. This range reflects a complex interplay of fundamental forces and technical resistance, creating a delicate...
