The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....
USD/CAD Currency Pair Analysis: Weekly Review and Future Outlook: As we conclude the trading week, it's time for an immediate review of our position on the USD/CAD currency pair. Over the past two years, we have been monitoring a long-term pattern...
What Is the Envelopes Indicator? The envelopes indicator is a technical analysis tool used in financial markets. It analyses price movements to identify potential trading opportunities. It consists of two main lines plotted above and below a...
For oil on the weekly chart, the price was quite confidently pushed to the north, as a result of which a full bullish candle was formed, which was able to easily break through and confidently consolidate above the resistance level, which, according...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good day to everyone in the forum. Now let's talk about today's chart prepared in this time frame. Crude oil’s market is now fluctuating around 78.48. The Crude oil pair is currently trading...