The USD/CAD currency pair experienced a surge in value on Tuesday, reaching a one-week high of 1.4415 during the European trading session. However, this upward movement occurred within a relatively narrow trading range observed over the past month,...
Technical analysis of the EURUSD pair The technical analysis on the 4-hour chart shows the beginning of a new downward wave for the pair as the price is now trying to break a strong support area. During this week, the pair price is trading in an...
Technical analysis of gold Technical analysis of gold on the 4-hour chart shows that the price is trading in a sell zone after the price broke the weekly pivot level and price channels and stabilized below them. The price of gold started trading...
USD/CAD Technical Overview: I’ve been keeping an eye on USD/CAD, and it’s currently trading around the 1.3400 mark, showing some consolidation after a slight pullback from recent highs. On the 4-hour chart, I’m watching a key support zone near...
WTI oil analysis West Texas Intermediate (WTI) has been stabilized and maintained around the critical 200 day exponential glide diameter (EMA). This technical level acts as an important support zone and the market seems to be ready for potential...