•••Crude Oil Market Update: November 1, 2024••• Today, WTI Crude Oil (CLZ24) prices are climbing, currently trading in the $70 to $71 range. This shift reflects a complex mix of geopolitical and supply-driven factors that influence global crude...
•••XAU/USD Analysis – November 1, 2024••• As we assess the current landscape of XAU/USD, gold prices have recently shown a notable recovery, trading at approximately $2,758 per ounce. After hitting lows near $2,720 earlier this week, gold has...
Price Action Overview The EUR/USD has experienced significant fluctuations, achieving a two-week peak around 1.0900 before retreating. This high aligns with the 20-day Exponential Moving Average (EMA), often viewed as a resistance indicator. The...
Technical Analysis GBP/USD H-4 chart Current Price: 1.291 The pair is trading below both moving averages, indicating a bearish trend in both the short and long term.???? Moving Average: MA50: Since the price is below this moving average, it...
Zigzag Pattern : The zigzag pattern is an intriguing design commonly seen in textiles, graphic arts, and architecture, defined by its sharp, angular lines that alternate in direction, resembling the letter "Z" or "N" on repeat. This bold and...
