Technical analysis of EURUSD Today I choose EUR/USD for technical analysis, the market price is rising, and the price has formed an ascending channel. The cost of the market is quite respectful of this channel, so the price goes up. Market prices...
Retracement Patterns and Reversal Pattern Retracement patterns and Reversal patterns are essential concepts in technical analysis, particularly in financial markets like Forex, stocks, and commodities. Here's an overview: Retracement Patterns A...
Crude oil prices dipped on Wednesday as concerns about weakening demand from China outweighed expectations of a potential rate cut by the Federal Reserve. The benchmark West Texas Intermediate (WTI) crude futures contract traded at $69.70 per...
AUD / USD: An Hourly Time Frame Recommendation The year is about to end and the market will move uncertainly. Thus, we can check the sideway and sluggish style in the market of AUDUSD. It hit the 0.6355 level yesterday. Today, I don't have much...
EUR / USD: An Hourly Time Frame Recommendation Yesterday, the bulls of EURUSD couldn't get benefits from the news data which went against the bulls. But I think the bears or sellers are also not strong today Thus, the bulls can hit the 1.0545 level...