Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...
Gold prices exhibited a lack of clear direction on Thursday, trading within a narrow range around $2,650 per ounce during the European session. This indecisiveness stems from a cautious market sentiment ahead of the release of the highly anticipated...
USDJPY currency pair - let’s look at the D1 period chart today. During this senior period, it catches the eye how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. There was a good descent that ended in...
The AUD/USD pair is trading at 0.6239, displaying a predominantly bearish trend over the analyzed period. The price recently entered a consolidation phase following a significant downward movement. The technical indicators, including the moving...
West Texas Intermediate (WTI) crude oil prices edged higher on Thursday, trading around $69.95 per barrel. This upward movement occurred amidst a backdrop of several key factors. Firstly, concerns over subdued global oil demand growth continued to...
