USD/CAD trades near 1.3975, approaching the 50-day EMA at 1.4030. Daily RSI holds above 52, price structure points to potential breakout. 4-hour chart shows higher…
The light sweet crude markets had another bullish session on Tuesday, as we raced toward the 50 Day EMA. The 50 Day EMA of course…
Potential signal: I’d be a buyer of this market on a daily close above the ¥165 level with a stop loss at the ¥164 level.…
EUR/USD took a tumble on Monday, closing 1.4% lower a brief test below 1.1000. A (temporary) walkback of US-China tariffs bolstered risk appetite. Key US…
GBP/USD Forecast: Pound Sterling tests key support as USD rallies on US-China trade news GBP/USD comes under strong bearish pressure to start the week and…
During the early hours on Wednesday, we have seen the US dollar go back and forth overall, as the market is likely to continue to…
EUR/USD may revisit the April 21 high of 1.1573, marking its strongest level since November 2021. The RSI remains above the 50 level, reinforcing the…
The USD/CAD pair could retest the barrier at the six-month low of 1.3781. The pair is testing the psychological level of 1.3800, followed by the…
The USD/CAD pair could test the six-month low of 1.3781. The 14-day RSI remains above the 30 level, reinforcing the prevailing bearish bias. The pair…
The Pound Sterling (GBP) is approaching a critical technical zone against the US dollar, challenging last year’s high and the top of a long-term ascending…