The price of US crude oil has been falling steadily, reaching its lowest point in nearly a year. There are several key reasons behind this decline. One of the main factors is a possible resolution to the political issues in Libya. This country is a...
The price of the Canadian dollar relative to the U.S. dollar has been moving sideways for the past six months. On the weekly chart, this movement appears as a correction. The price is within a potential reversal zone. The upward movement from August...
Price Action Insights: Gold We will discuss the current behavior analysis of the Gold price. While examining Gold on the daily chart, I noticed a trading range that caught my attention. After testing the 2539 level, the price paused, possibly...
Reading the USD/ JPY Prices I am presently dissecting the real-time USD/ JPY currency pair's pricing analysis. The breakout from the sideways trend will head downward. The market is in a clear downtrend, and the decline continues to unfold. Although...
The price is currently approaching a critical support level at 1.0940. If the price successfully rebounds from this support zone, there is a strong possibility of a double-bottom pattern emerging, with the first target at 1.1050 and a longer-term...