West Texas Intermediate (WTI) crude oil prices traded around $76.75 per barrel on Wednesday, reflecting a delicate balance of bullish and bearish forces. The recent imposition of new US sanctions on Russian oil exports has heightened concerns about...
EUR/USD is forming a textbook morning star pattern that suggests a potential bottom An adverse confirmation could trigger a reversal in returns and risk assets Break above downtrend target resistance 1.0461; long ones are preferred over short ones...
The price movement of gold displayed in this chart highlights clear trends and consolidation phases over the analyzed period. Starting in late November, the market experienced a strong bullish rally, pushing the price toward a peak near 2728. This...
AUDNZD Market Analysis 15 January 2025 Seller excels in Asian Session trading pair audnzd. Prices were volatile when the market just opened. Prices moved up and down across the area at 1.1053 and also bounced off the EMA 200 and EMA 633 H1 which...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...