GBP/USD Technical Analysis: If we look at the market price on the daily time frame, the market price is falling and the structure is what is helping to pull it down the most. The market price is falling following the structure, and currently, the...
Trade Plan - USD/CAD Currency Pair A trading strategy in the current market conditions is focused on the USD/CAD currency pair, with attention being paid to the potential breakout of the mirror support and what this may mean. Suppose the price...
The currency pair remains heavily influenced by macroeconomic factors and key monetary policy decisions on both sides of the Atlantic. In the near term, U.S. labor market data, inflation reports, and European Central Bank (ECB) rate decisions will...
The Aussie pair is poised for potential volatility, influenced by several key factors in the near term. Traders will be keeping a close eye on upcoming Australian economic reports, which could provide important insights into the health of the...
Technical Analysis: WTI Crude Oil On the technical side, WTI crude oil recently breached a vital downtrend line. The old resistance is at $70.70. This movement indicates a shift in market sentiment and may trigger a bullish momentum. Moreover, this...
