USDCAD trades to new 2020 high but backs off. What tilts the bias back to the downside?
The USD/CAD reached a new 2024 high, climbing to its highest level since March 2020. The key upside target from…
Category: Technical Analysis
The USDCHF buyers are in control.What is needed in the ST to give the sellers some control
The USD/CHF reached its highest level since July this week but fell short of the key resistance zone on the…
TSLA stock price prediction by AI
Tesla (TSLA) Stock Analysis: Key Levels and AI-Assisted Price Prediction 🚀 Current Overview Tesla (TSLA) stock is showing retracement strength…
Crude Oil Technical Analysis – We remain stuck in a range
Fundamental Overview The fundamentals in the crude oil market haven’t changed much. The price action remains confined in a range…
Copper Technical Analysis – The first attempt at the resistance failed
Fundamental Overview Copper recently got a boost from the Chinese Politburo announcement that it will adopt a “moderately loose” strategy…
Bitcoin Technical Analysis – Watch these risks for further upside
Fundamental Overview Bitcoin is now up more than 50% since the election day as the bullish momentum in the cryptocurrency…
NZDUSD Technical Analysis – Awaiting the FOMC decision
Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new…
USDJPY Technical Analysis – All eyes on the FOMC decision
Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new…
GBPUSD breaks above some key MAs but not the 200 bar MA on the 4-hour chart.
In The GBPUSD started the NY session on a positive note, trading above both the 100-hour moving average (MA) and…
USDCAD is racing higher as the sellers fail, and the buyers continue to trend higher
The USDCAD is breaking to new session highs, moving further away from the mid-April 2020 high at 1.4265 and approaching…