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 spot price has been under significant pressure in recent months, primarily due to external factors such as slowing economic growth in China, its largest trading partner, and the strengthening U.S. Dollar. China’s lackluster economic stimulus...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8500, and from what I’m seeing, the pair is still showing bearish pressure. Key support levels I’m watching are 0.8470 and 0.8430, while resistance sits at 0.8530 and 0.8570....
USD/JPY Technical Analysis: Today, USD/JPY is hovering around 141.80, showing slight bearish momentum. From what I’m seeing, the key support levels to watch are 141.50 and 141.00, while resistance sits at 142.20 and 142.80. Looking at the...
GBP/USD GBP/USD Market Outlook: As we approach the end of the year, the GBP/USD currency pair is showing resilience amid a backdrop of global economic uncertainty. Several key factors are shaping the market dynamics, primarily the Federal Reserve's...
