The EUR/JPY pair experienced a decline on Wednesday, falling to its lowest level since the Asian session on August 5. This downward movement was influenced by several factors, including market caution ahead of US inflation data, hawkish comments...
USD/CAD Profit Potential The analysis of the USD/CAD currency pair's current pricing behaviour is what we're currently discussing. Recently, I closed my position after the price surged unexpectedly. While it continued to rise, I opted not to open...
EUR/USD ANALYSIS Daily Timeframe Let's consider the EURUSD trading instrument on the daily chart. This week we have been gradually declining and the price was able to update the minimum of the previous week. The wave structure on this senior period...
The crude oil market experienced a significant downturn in the week ending Friday, with Brent crude prices reaching their lowest levels since March 2023 and December 2021, respectively. This sharp decline, which exceeded expectations, was driven by...
Today, I’m providing an analytical review of the NZD/USD currency pair based on the H1 chart. Currently, the trading instrument is positioned at 0.5920. During the Asian trading session today, the pair encountered resistance at 0.5956. Unable to...