The GBP/USD weekly chart presents a long-term bearish trend with multiple retracement phases, consolidations, and resistance rejections. Historically, the pair traded above 1.70 in mid-2014 but experienced a sharp decline due to Brexit uncertainty,...
EUR/USD On Friday, the bears on the EURUSD pair were able to draw a black candle on the daily period, lowering the price to the beginning of the 1.03 figure. They closed the day below EMA9, while leaving it in the range of the previous week. After...
Euro does not pull your legs While Donald Trump supports discussions with tariffs, central banks actively work on maximum transparency in financial markets. By the end of the week, namely February 7, the European Central Bank will publish its...
GBP/USD Technical Analysis Gap Refill and Fibonacci Levels The GBP/USD currency pair has successfully refilled the gap from yesterday, marking a significant technical development. Today, the price action indicates a break above the 23.6% Fibonacci...
WTI Crude Oil Daily Time Chart Analysis Crude oil is currently trading at $71.21. The market is giving mixed signals. Buyers and sellers are at war. The 20-day simple moving average (SMA) is at $73.50. The 50-day simple moving average (SMA) is at...
