Technical analysis of Crude oil Today I choose crude oil for technical analysis. All market prices are currently in an uptrend, which is helping the price to move higher within the channel. Crude oil prices are currently hovering above support and...
The US dollar hit resistance at the ¥158 level and pulled back slightly in recent trading. However, this appears to be part of a broader consolidation phase as the pair builds momentum for an eventual breakout to the upside. The long-term bullish...
The foreign exchange pair GBPUSD recently showed significant movement, rising after failing to break through the previous low. This failure often suggests a potential reversal towards an upward trend. However, the key question is whether this...
The Bank of England (BoE) has taken a measured and cautious stance on monetary easing, reflecting its commitment to maintaining economic stability amidst ongoing uncertainties. Deputy Governor Clare Lombardelli recently emphasized the need for more...
AUD/USD From what I’m seeing, the AUD/USD pair is currently trading around 0.6820, showing a bit of upward momentum as it edges closer to the 0.6850 resistance level. If it manages to break above this zone, I think we could see it climb toward...
