The euro strengthened against the US dollar on Thursday, appreciating by 0.7% and climbing back above the 1.0400 threshold. This upward movement was fueled by a combination of factors, including broad dollar weakness and a less...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning. I'll be writing an essay today regarding how prices are behaving right now on the Crude oil market. Crude oil is trading at 71.46 at the time of writing. The USD index is testing the...
THE CURRENCY PAIR NZD-USD What you call hidden divergence on MACD is not a divergence that needs to be caught on trends; then it has some meaning. And what you have indicated on the screen is just a reaction to work in a flat. The MACD oscillator...
I begin my analysis of the NZD/USD (kiwi) by focusing on the 4-hour chart, where I observe a distinct sideways price channel that has dominated price action since late December. I note that the pair has consistently oscillated between the support...
The British pound experienced a volatile trading day against the US dollar, initially gaining ground before retreating below the key psychological threshold of 1.2500. This fluctuation occurred during the North American trading session on Thursday...