West Texas Intermediate (WTI) crude oil prices experienced a slight rebound on Monday during Asian trading hours, rising from the previous session's low to around $70.60 a barrel. This modest recovery, however, faces significant headwinds, primarily...
Weekly Analysis of AUD/USD (February 17, 2025) Overview This analysis utilizes Elliott Wave theory, support and resistance levels, and the Simple Moving Average (SMA) indicator to evaluate the AUD/USD currency pair on the H4 timeframe. The price has...
XAUUSD Technical Analysis XAUUSD is currently trading around $2897, showing mixed market sentiment across different timeframes. On the H1 chart, the price is testing the 150-period moving average (MA), which is acting as dynamic resistance....
EURUSD Daily Time Chart Analysis The daily EUR/USD chart is in a downtrend with lower highs and lower lows. The bearish line acts as a resistance line. The price recently broke above this trend, suggesting a possible reversal. Fibonacci retracement...
Daily Market Analysis Trend Overview Today's analysis reveals a bullish trend in the market, as indicated by the opening price positioning above the pivot level of 0.5708. This suggests that the market sentiment is leaning towards upward momentum....