Despite a recent positive jobs report, which highlighted a strong labor market, the Canadian Dollar remains under pressure due to broader global economic concerns. The market's focus has shifted toward the global economic slowdown, with particular...
Trading journal Tuesday, December 03, 2024 USDCHF Good afternoon, It seems that the market situation of the UsdChf pair is running in the bullish zone, its position has now passed the simple moving average zone of period 100. If the price journey is...
The future direction of crude oil prices remains clouded with uncertainty, as traders contend with a complex mix of technical factors and geopolitical risks. While bearish pressures persist—particularly due to the ongoing conflict in the Middle...
D1 period chart - USDJPY currency pair. Another trading week has passed, and at the same time a trading month. The price movement was multidirectional. In the first half of November, buyers clearly dominated, continuing, as if by inertia, the upward...
USD/CHF Today, USD/CHF is trading around 0.8775, staying within a tight range as it struggles to find a clear direction. On the daily chart, the pair remains below its 50-day moving average at 0.8830, which still signals a bearish trend. Resistance...