Today, I saw sellers of the risky asset unexpectedly seize the initiative. I noticed how they confidently lowered the instrument's quote below the support level and resistance around 1.04574. I believe this area deserves close attention, dear...
EUR/JPY As of today, EUR/JPY is hovering around 161.80, moving within a tight range. The key resistance stands at 163.25, while immediate support is at 161.60. The overall trend has been bullish, but I’m seeing signs of a possible bearish reversal....
The EUR/USD H4 chart exhibits a clear long-term downtrend, as indicated by the persistent price movement below the red moving average, which acts as a dynamic resistance. The market has been making lower highs and lower lows since early September,...
Technical Analysis of Crude Oil The current market analysis for crude oil in the H1 timeframe shows that the market structure is in a sell-off trend, and the price action further supports this bearish momentum. Currently, the price is trading near...
Silver technical analysis Silver price trades with caution near $30.00 as the US Dollar surges amid a jittery market mood. A sell-off in technology stocks across the globe has improved the US Dollar’s appeal. US bond yields gain as investors expect...