Analyzing the Crude Oil Prices The discussion currently revolves around the analysis of the Crude Oil price behavior. Today, the price rose, briefly surpassing the previous maximum before reversing and declining. It now appears that the price is...
Silver Price Action Summary The present analysis of the Silver price behavior is subject to discussion. As evident from the chart, the price is trading below the moving average, indicating that selling is preferable to buying. The MACD provides an...
USDCHF pair whose price action managed to reach resistance (R1) 0.8977 after successfully passing the Pivot Point (PP) 0.8920 and staying above the EMA 50. Most likely, there is an opportunity to continue the rally up to test the resistance (R2)0...
GBP/USD It's important to note that it has been a bullish week for the pair, with expectations for further upward movement. This week began with trading within ascending price channels, reflecting the price movement of the previous two weeks. The...
The pair experienced a significant dip on Thursday, dropping to 1.0670 before recovering to the 1.0700 level during the US market session. The Euro is facing political pressure due to a recent shift in European voter sentiment toward right-of-center...