This week, the USD/CAD trading trend seems to be following the bullish momentum observed last week. Despite previous declining market conditions, the pair could not break below the 1.3438 price zone, leading to a current upward trend. Analyzing last...
Technical Analysis of GBP/USD Last trading week, the pound continued to grow and set new local highs. The price moved above 1.3170 and found key support there, allowing it to extend its gains at 1.3292 and settle above that level after a reverse...
West Texas Intermediate (WTI) crude oil prices have shown modest gains for the second consecutive session, currently trading around $71.60 per barrel during Tuesday's European market hours. However, this upward movement comes amid concerns about...
Understanding the Basics of Gann Theory Gann Theory is a financial market analysis technique developed by legendary trader W.D. Gann in the early 20th century. Gann’s methods are based on time, price, and geometric angles, which he believed could...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...