West Texas Intermediate (WTI) crude oil futures are currently exhibiting a potential double bottom pattern around the $70.15 per barrel mark, hinting at a possible reversal of the sharp January decline. This pattern suggests that the market may have...
GBP/USD: Technical Outlook H-4 Chart The daily chart shows that GBP/USD finally gained acceptance at static resistance in the 1.2640 area on Thursday. The upside breakout also prompted buying to continue picking up above the 100-day simple...
The EUR/GBP pair is maintaining its position around the 0.8290 level during Friday's Asian session, consolidating the gains achieved in the previous trading period. The pair's upward movement has been influenced by persistent concerns regarding the...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello, Instaforex and mt5 Forum members and visitors. I intend to write an article today on the current behavior of the price of AUD/USD. At this time the price of AUD/USD has crossed the 0.6234 zone...
The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
