Crude Oil Price Action Review The current topic of discussion is the Crude Oil price behaviour analysis. Yesterday, oil continued to consolidate at around 78.0. The upper wicks on the daily candles indicate resistance, suggesting a possible...
U.S. dollar rose sharply against the Japanese yen on Monday morning as we now threaten the 158 yen again. Frankly, this is the part of the market you don’t like to short. At least you don’t have to because although we get withdrawals from time to...
Fundamental Analysis Monday's oil prices are expected to rise somewhat despite no significant news stories pushing up costs. While traders are assessing and projecting how the switch to electric vehicles would affect demand in the medium to long...
I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
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