Hello all traders, Today, I'd like to share my market analysis on Oil H1 with you. Looking at the larger price chart, there's a current downtrend where the quality of breakouts has declined. The recent breakout with bar 4 wasn't strong. Initially,...
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First, if the price breaks below the 168.02 level, it indicates that the sellers have gained control, and further decline is expected. This level acts as a critical support, and breaking it suggests that the market sentiment has turned bearish....
USD/JPY technical analysis The price for this week's trading started with an upward gap, then fell to close it, then began to rise once again, and continues to trade within a series of price channels that reflect the price movement over the past two...