Today, I see an interesting opportunity to consider long positions on the EUR/USD currency pair. The current price around 1.03082, relative to a set of moving averages, indicates a potential for bullish acceleration, suggesting upward momentum. My...
Market Fundamentals: Bank of Canada (BoC) Governor Tiff Macklem underscored on Monday that the Canadian economy is entering a period of heightened uncertainty and greater vulnerability to economic shocks. He emphasized that any decisions on further...
Market Fundamentals: As investors navigate a holiday-shortened week, attention turns to the upcoming release of the Conference Board's US Consumer Confidence Index, offering short-term trading opportunities. Meanwhile, minutes from the Bank of...
Crude Oil Technical Analysis Crude oil is currently showing a strong uptrend in the H1 timeframe. The price is trading above the 200-day Simple Moving Average (SMA), indicating upward momentum. The market structure and trend are positive for buyers...
EUR/USD: Simple Trading Tips for Beginner Traders January 9 (US Session) Trading analysis and tips for trading the euro A price test of 1.0295 coincided with the MACD moving well below the zero level, limiting the pair's downside potential. For this...
