As I analyze the USDCAD currency pair on this Wednesday, I suggest focusing on the H4 chart to gain a clearer perspective. I observe that the wave structure is currently developing in a downward direction, and the MACD indicator is declining in the...
The USD/CHF H1 chart presents a dynamic trading environment characterized by clear support and resistance levels, trend movement, and price action behavior. The most notable level on the chart is around 0.9038, which has acted as both support and...
When I analyze the EUR/USD pair, I start by examining the broader context on the H4 chart. Here, I observe that the price recently broke above the upper boundary of a descending price channel near 1.0400, which initially signaled a potential bullish...
Gold prices (XAU/USD) staged a recovery on Monday, rebounding from earlier losses to close the North American trading session in positive territory. The precious metal climbed back towards record highs above $2,940 an ounce as the US dollar...
OPEC+ postpones plans to increase oil production again OPEC+ is considering postponing the planned increase in oil production in April due to global market instability, despite US calls to lower prices. No final decision has been made yet,...
