Today, I am going to discuss the current state of crude oil prices. As of now, on the D1 chart, crude oil is trading around the 81.62 level. This price point is significant as it reflects a period of relative stability since last week, during which...
Hello all traders how are you? The EUR/JPY currency pair has shown recent interesting movements. It reached the pullback level of 168.50-168.75 but failed to break through, stalling between 168.20 and 168.64. This indicates strong resistance...
Profit Potential: USD/ CAD Our discussion centres on examining the price action assessment of the USD/ CAD currency pair. The price reached the 1.36513 support but was not tested, closing the day near this level. Given that the support was not...
Gold Price Action Forecast Our current analysis of the Gold price behaviour suggests a bearish trend for the XAUUSD commodity instrument. We've identified sales targets on the hourly chart, with the first target at the 161.8 level on the Fibonacci...
Hello all, If buyers manage to push the price above the 157.64 resistance, it could lead to further upward momentum. In this case, the next target for the USD/JPY pair would be the higher resistance level of 1.5123. Reaching this level would suggest...