USD/CAD M-30 TIME FRAME ANALYSIS USDCAD approached a key breakout line on the 30-minute timeframe. A rebound from 1.37662 lifted the pair to 1.38088: the price is holding above the moving average near 1.38000 and putting pressure on the red line...
Understanding Market Swings and Price Action 1. What Are Market Swings and Why Do They Matter? Market swings are the natural movements that price makes as it travels from one area to another. In every financial market, including Forex, gold,...
Based on the provided GBP/USD H1 chart, the pair is in a consolidation phase with a slight bullish bias. The price action shows a gradual recovery from a low near 1.3530 (September 8th) to a high of 1.3560 (September 9th), followed by a pullback to...
Oil technical analysis WTI price tumbles to near $93.20 in Thursday’s early Asian session. Iran said it is ready for a more intense war if the US continues attacking its territory and infrastructure. US crude inventories declined by 300,000 barrels...
GOLD H1 (ONE HOUR) Technical Analysis: Gold on the H1 chart is currently trading around 4389.55, and the price structure suggests a range-bound market with a short-term bearish bias. The chart shows a major recovery from the 4280 - 4290 area,...
