Technical Analysisound Sterling's Potential to Rise Above 1.2500 Introduction The Pound Sterling (GBP) has been experiencing volatility in recent times, particularly against its various peers. Investors are currently unsettled by the UK's economic...
Crude Oil Analysis On Friday, February 14, the price of a barrel of U.S. crude oil was approximately $70.55. Global oil prices experienced a slight increase during the Asian trading session, driven by recovering fuel demand and the announcement...
USDJPY Technical Analysis USDJPY is currently trading around 152.37, showing signs of price consolidation after a recent bearish move. The 150-period moving average (MA) is providing strong dynamic support near 151.63, while the Relative Strength...
Piercing Line Chart Pattern The Piercing Line chart pattern is a bullish candlestick reversal pattern that typically appears after a downtrend. It signals a potential reversal to the upside. This pattern is made up of two candlesticks:...
EUR/USD Price Insights On the 4-hour time frame chart for EUR/USD, we are witnessing a bullish trend. Recent price movements have tested upper resistance levels, with the price currently stabilizing around 1.04137. A bullish crossover between the...
