Oil, often referred to as "black gold," plays a critical role in global markets, acting as both a commodity and a barometer of economic health. Its price movements are driven by a complex interplay of supply, demand, geopolitical factors, and...
Technical analysis of Crude oil Choose crude oil for technical analysis today, The price of crude oil is rising rapidly. The trendline that helped its price fall for several days has now been broken. The market price coincides fairly well with the...
EUR/USD Technical Analysis 1-Hour Timeframe In the 1-hour timeframe, the EUR/USD market is currently in a downtrend supported by a clear sell structure and a prevailing downtrend. The price has reached a key support level of 1.02000, while the...
The GBP/USD pair has been under consistent bearish pressure recently, with the pound falling from a recent high of 1.2605 to close yesterday around 1.2206. This nearly 400-point decline reflects the significant challenges facing the British...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. EUR/GBP is currently falling in the market price and is being held down by selling momentum. The market price currently at the support level 1.0834, and the price rose,...
