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Category: Technical Analysis

WTI Oil: Larger Bears Likely to Pause After a Steep Fall
Technical Analysis

WTI Oil: Larger Bears Likely to Pause After a Steep Fall

[ad_1] WTI oil traded within a narrow range on Friday as steep fall of past six days started to run…

by Trade r edarTAugust 8, 2025
Canada’s Economy Sheds Jobs in July, Unemployment Rate Steady as Labour Force Shrinks
Technical Analysis

Canada’s Economy Sheds Jobs in July, Unemployment Rate Steady as Labour Force Shrinks

[ad_1] Canada’s economy lost 41k jobs on net in July (-0.2% month/month), weaker than consensus expectations. The details were similarly…

by Trade r edarTAugust 8, 2025
BoE’s Pill questions cut pace, says inflation risks may delay easing
Technical Analysis

BoE’s Pill questions cut pace, says inflation risks may delay easing

[ad_1] BoE Chief Economist Huw Pill signaled that the central bank may need to reconsider its steady pace of easing…

by Trade r edarTAugust 8, 2025
WTI Crude Forecast: Risk Premium Fades, Supply Pressures Mount, Bearish Trend Ahead
Technical Analysis

WTI Crude Forecast: Risk Premium Fades, Supply Pressures Mount, Bearish Trend Ahead

[ad_1] The geopolitical risk premium in the oil market has faded, taking a back seat after a four-week, 30% parabolic…

by Trade r edarTAugust 8, 2025
USD/CHF Daily Outlook – Action Forex
Technical Analysis

USD/CHF Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 0.8044; (P) 0.8066; (R1) 0.8090; More…. Intraday bias in USD/CHF stays neutral at this point. On…

by Trade r edarTAugust 8, 2025
Nikkei 225 Index Rises Towards the 42,000 Level
Technical Analysis

Nikkei 225 Index Rises Towards the 42,000 Level

[ad_1] As the chart indicates, the Nikkei 225 stock index (Japan 225 on FXOpen) has today risen to the 42,000…

by Trade r edarTAugust 8, 2025
USD/JPY Technical: Potential Impending Minor Bullish Breakout for Japanese Yen
Technical Analysis

USD/JPY Technical: Potential Impending Minor Bullish Breakout for Japanese Yen

[ad_1] Earlier last week, the USD/JPY surged to a four-month high of 150.92 on 1 August, but its prior accumulated…

by Trade r edarTAugust 8, 2025
Trump Strengthens Influence Wth Fed Nominee
Technical Analysis

Trump Strengthens Influence Wth Fed Nominee

[ad_1] In focus today For Sweden, we note the production and consumption data for June, where the figures are expected…

by Trade r edarTAugust 8, 2025
EUR/USD Daily Outlook – Action Forex
Technical Analysis

EUR/USD Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 1.1617; (P) 1.1658; (R1) 1.1705; More… Intraday bias in EUR/USD remains mildly on the upside. As…

by Trade r edarTAugust 8, 2025
NZDUSD Wave Analysis – Action Forex
Technical Analysis

NZDUSD Wave Analysis – Action Forex

[ad_1] NZDUSD: ⬆️ Buy NZDUSD reversed from the support area Likely to test resistance level 0.6050 NZDUSD currency pair recently…

by Trade r edarTAugust 8, 2025

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