The price movement of the NZDUSD pair, which was still declining last week, basically still shows a lower low - lower high pattern structure. However, there is an upward rally that almost reaches the SBR 0.6104 area as resistance. If the price trend...
USD/CAD currency pair analysis: The USD/CAD price experienced a sharp decline, reaching the support area of 1.3673. Following this drop, the price has shown a steady rise. In recent weeks, it has been forming a bearish rising wedge pattern. This...
Charting the Course: Crude Oil Prices The Crude Oil price behaviour analysis is a topic for discussion. After CL's rise to 83.69, the price hasn't corrected and remains in a narrow 25-point range, which is unusual for this instrument. By now, CL...
Gold is currently on the rise, even though it was higher yesterday. My support level was slightly lower yesterday, around 2390, a crucial support zone. A breakdown of this level could lead to further losses. Right now, no strong signals indicate a...
EUR/ USDrofit Potential The EUR/ USD currency pair's price action will be the subject of our analysis and discussion. I believe the night's bullish spike was speculative, with the euro-dollar reaching a high of 1.0774 before confirming the current...