Crude Oil Price Action Review Let's analyze the crude oil price behavior at present. The price broke away from the trend line, shifted downward, and dropped to the support level of 73.33. From this point, it rebounded, climbing back to the 73.79...
Gold: What the Charts Reveal The discussion currently revolves around the analysis of the Gold price behavior. The entire week has concluded with gold remaining largely inactive, hovering above the support level 2489.00. A decisive break below this...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
EUR/USD Price Patterns The present discussion pertains to analysing the price behaviour of the EUR/USD currency pair. According to technical analysis of the H1 time frame, it seems suitable to enter the market with buying intentions for the currency...
GBP/ USD Price Opportunities The analysis of the price behavior of the GBP/ USD currency pair is currently open to discussion. The GBP/USD pair has entered a gradual bearish correction. Why do you believe the price can only retrace 50% of the wave...