CRUDE OIL (CL) TECHNICAL ANALYSIS H1 Timeframe: The hourly (H1) chart of Crude Oil (CL) in reveals a well-defined bearish market structure. Over the past couple of weeks, the asset has consistently formed lower highs and lower lows, indicating...
Based on my analysis of the EUR/USD daily (D1) chart, the market continues to favor a bearish trend. The wave structure still points lower, while the MACD remains in the sell zone and has crossed below its signal line, indicating that downside...
Technical analysis of GBPNZD Choose GBP/NZD for technical analysis today. The GBP/NZD market price is in an uptrend and the current trend line supporting the price increase has been broken. The battle started from the downtrend when the market price...
The EUR/USD currency pair built upon its intraday recovery momentum during Thursday, successfully reclaiming the psychologically significant 1.1400 handle and largely erasing the overnight losses that had dragged spot prices toward the lower...
Silver (XAG/USD 0.5 CFD) Technical Analysis Current Price Momentum Silver CFDs are trading at *6,168.0*, up *257.6 points or +4.36%* on the session. The metal has posted a strong recovery from the June lows near 5,700 and has now broken above both...
