Crude Oil Analysis: Today, the Crude Oil price successfully declined to the support level of 80.50-81.36 during the start of the trading session. Despite this decline, it failed to break through the support range, indicating strong buying interest...
Essential EUR/USD Market Forecast Insights The euro-dollar pair (EUR/USD) has been stuck in neutral territory for the past week, offering little chance for long-term bears like myself. This stagnation comes despite some positive economic news from...
Let's analyze the level lines on the Crude Oil chart to determine possible price movement options. Currently, the market sentiment favors the bears, indicating a potential further decline in prices. However, for this decline to continue, the bears...
GBP/USD Analysis The GBP/USD exchange rate was trading around 1.2730, having dropped sharply during Asian trading on Tuesday. Market participants are eagerly awaiting the release of UK labor market data later in the day. Investors seem to be...
To analyze the current movement of a financial instrument, traders often rely on a variety of technical analysis indicators. Among the most popular and effective indicators are the Extended Regression Stop and Reverse (ERSAR), the Relative Strength...