The chart represents crude oil (#CL) on the H1 timeframe, incorporating Bollinger Bands and the Stochastic oscillator. The price is currently trading at 67.73, showing signs of an upward movement after a period of consolidation. Looking at the...
XAU/USD: Analysis and Forecast Gold continues its sideways movement, remaining in a consolidation phase as traders await U.S. consumer inflation data, set to be released later today during the North American session. This report could have a...
USDCAD currency pair - let’s look at the daily chart period today. The month of March, which began not so long ago, began with an intensive decline, which is understandable. The American dollar weakened against most of the major world currencies....
USD/CAD For the USD/CAD pair, here’s my take on the current technical and fundamental situation: Fundamental Analysis: U.S. Economic Data: I’m keeping an eye on U.S. economic indicators like GDP growth, unemployment, and inflation. If the Federal...
Greetings to all forum members studying and trading on the currency market. As I analyze the EURGBP currency pair, I notice that a strong support level has formed at 0.8380. I believe this level presents a potential opportunity for buyers to enter...