In the Daily timeframe, USDCAD is in a long-term bullish trend, and the price has fallen to the trend line. Despite a minor correction, the price bounced off the trend line and is testing an important resistance area. Moving averages indicate the possibility of further growth. USDCAD may be considered for a buy on a […]
Feb 08, 2024
WTI Oil Futures Need One More Confirmation
WTI oil aims for some recovery but lacks confidence Price fluctuates within a bullish channel Resistance at 74.40; support at 72.70 WTI oil futures have been tip-toeing higher after last week’s steep downfall paused at the lower boundary of a short-term bullish channel. The price posted a doji green candlestick on Monday with scope to change […]
The post WTI Oil Futures Need One More Confirmation appeared first on Action Forex.
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