T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning Visitors. Let’s focus on the Crude oil price action. Crude oil is trading at 67.05 at the time of writing. The US dollar index is in positive territory, which indicates that the US...
The US dollar's persistent decline propelled the GBP/USD currency pair above the significant 1.2900 threshold, a movement further amplified by the release of the US non-farm payrolls data for February. This surge positioned GBP/USD above the upper...
AUD/USD Pair Price Action Recap The AUD/USD pair is currently around the price of 0.6314. In this analysis, we will explore the dynamics of supply and demand which play an important role in determining the direction of future prices. With the...
Trading Chart Patterns Trading chart patterns are essential tools used by traders to analyze price movements and make informed trading decisions. These patterns provide insights into market sentiment, helping traders predict potential price trends....
The commencement of the new trading week witnessed a significant downturn in West Texas Intermediate (WTI) crude oil prices, with a sharp 2.5% decline on Monday. This drop was primarily triggered by the Organization of the Petroleum Exporting...
