Crude Oil Price Action The discussion is currently analysing the Crude Oil price behaviour. The lower boundary of the Ichimoku cloud serves as a strong support, while the upper boundary acts as a strong resistance. When the price enters the cloud,...
A bearish week for the brace, as the price began trading within the price triangle that was formed as a result of the confluence of the bearish red channel,whichrepresentsthe price movement during the former week only.The blue upward channel...
The GBP/USD currency pair is currently trading around 1.2640, and the market sentiment is predominantly bearish. However, there are several factors suggesting that we could witness significant movement in the coming days. ### Current Market Overview...
GBP/ USD Price Movement The GBP/ USD Currency pair's price action will be the subject of our analysis and discussion. The past week on the hourly chart of the pound-dollar began with a decline to the trading level of 1.26534. Near this level, it...
Canadian retail sales data should be a top priority for looney retailers today. Expect solid expansion in consumer activity, with headline sales likely to rise 0.7% MoM in April. While this would most likely offset the first prints seen in March, we...