Technical analysis of WTI crude oil West Texas Intermediate (WTI) crude remained relatively quiet in early trading on Monday, hovering around the $71.50 level. This area, previously a key support zone, now acts as a potential resistance point due to...
Technical analysis AUD/USD Daily The wave structure is moving towards it, the MACD indicator is in the upper zone of purchase. On Saturday, a fraud on the Fed interest rate decision tried to fly faster and update more and more in August. However,...
USD/JPY Price Direction The subject of our analysis is the present status of the USD/JPY currency pair's pricing behavior appraisal. The USD/JPY pair recently broke through the support level at 144.53, indicating that the downtrend may persist....
TRADING CHART ON AUD/USD H1. The AUD CAD exchange rate is trading within a narrow range on Monday. The price is fluctuating between 0.9228 and 0.9270. When the market opened at 0.9228 yesterday, buyers were dominant. The price attempted to fall...
I am discussing the recent dynamic movements in the EUR/USD currency pair, which have been influenced by several economic factors. Both the Eurozone and the U.S. recently released their Purchasing Managers' Index (PMI) figures, which provide a...