The current market volatility and unidirectional trend movement in USD/CAD are not appealing for trading. Historically, I've viewed this pair primarily for selling opportunities. However, with its previous surge to the 1.47 level, I refrained from...
XAU/USD If we open the daily chart for gold, we will see that my previous analytical forecast is playing out quite confidently. At the time of writing this analytical post, gold is trading at 2843 against the previous level of 2810. Technically, on...
Market analysis Wednesday, February 5, 2025 USDJPY Good morning, The USDJPY pair trend journey has made the price bearish to the 154.00 area where the area is a strong support for the 4-hour time frame chart. And technically the seller has lowered...
West Texas Intermediate (WTI) crude oil futures experienced a price surge to around $74.00 per barrel on the Nymex during Monday's European trading session. This upward movement was primarily triggered by the United States' decision to retract its...
The EUR/USD pair has shown signs of recovery after a prolonged downtrend, driven by a corrective pullback in the US Dollar (USD). The pair managed to reverse its multi-day losses, climbing toward the critical 1.0400 level. This rebound comes after...