The NZD/USD currency pair continues to exhibit strong bearish momentum, as price action remains unable to break above the crucial pivot level of 0.5765, which serves as a key resistance zone preventing any sustainable upward movement. As long as the...
We are examining the dynamic pricing behaviour of the GBP/ USD currency pair in real time. It is difficult to guess at the moment what the further actions of major players will be. So far we have only gone above the level of 1.2600. As I said a...
This past week, I observed a clear decline in the market, with Monday, Tuesday, and Wednesday forming a range-bound movement. However, on Wednesday, I noticed the beginning of a decline that pushed the price toward the support level of 189.812. I...
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...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Currently, XAU/USD is trading roughly at 2935.34. A moderate downward correction is quite possible for this instrument in the first half of the day, but the main scenario is the continuation of the...