WTI OIL Analysis The daily chart of USOIL stock shows a clear ascending channel formation, and the current price action is testing the lower limit of this trend. The market has respected this structure. In the latest price action, crude oil...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
The GBP/USD currency pair has shown limited movement over the past few days, currently trading around the 1.2665 level. This price point has seen multiple attempts by bulls to push higher, but so far, they have faced challenges in breaking through...
Welcome to the daily analysis of the EURUSD currency pair on the 1-hour time frame. Today, we will delve into the price movements of EURUSD, which is currently hovering around the 1.0419 level. By utilizing both technical and fundamental analysis,...
Support Level In forex trading, a support level is a price level where a currency pair tends to find buying interest as it declines. This means that the price is more likely to "bounce" off this level rather than break below it. It occurs because...
