USD/CAD DAILY TIMEFRAME TECHNICAL ANALYSIS Overview and Price Action The USDCAD pair is currently trading at 1.42467, marking a significant recovery from the summer lows. The chart displays a classic V-shaped recovery or a broad rounding bottom...
Crude Oil on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors Crude oil is entering the new week with plenty of reasons to move sharply. WTI finished the latest session around $91.11, down 1.9%, while the weekly loss...
Silver on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors The main driver for silver today is the U.S. employment report. Markets expect September nonfarm payrolls to show an increase of roughly 90,000, down from 162,000...
The British Pound (GBP) continued to rise on Friday amid the rise in the US Unemployment Rate following a weak September US Nonfarm Payrolls report. At press time, the GBP/USD pair was trading at 1.3250 after recovering from daily lows just below...
Mastering Reversal Trading: A Guide to Double and Triple Chart Patterns The provided infographic serves as a comprehensive educational guide on four of the most critical reversal chart patterns in technical analysis: the Double Bottom, Double Top,...