US West Texas Intermediate (WTI) crude oil prices took a tumble on Tuesday, falling from above $81.50 a barrel to test levels below $80.50. This decline reflects a weakening outlook for crude demand during the summer season, compounded by...
The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...
Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...
EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
Rounding Top Candlestick Pattern? A Rounding Top is characterized by its gradual, arc-shaped formation atop an uptrend. It signifies a shift in momentum from bullishness to potential bearishness, indicating that the asset's price might be nearing a...