CL(CRUDE OIL) Crude Oil Price Analysis: Bullish Trend and Key Entry Levels As of the market close, the crude oil price stands at 78.48, indicating a strong bullish trend. Analyzing the H4 chart, the price is positioned above the 50 and 100 Simple...
The British Pound (GBP) fell on Friday after three days of gains, as the US Dollar (USD) got stronger. The GBP/USD rate dropped to around 1.2760 when the US Dollar Index (DXY) went above 105.00. This happened even though US economic data on Thursday...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...
NZD/USD : Currently, the NZD/USD exchange rate is at 0.6134, reflecting a bearish trend in the market. This downward movement suggests a gradual decline in the value of the New Zealand dollar relative to the US dollar. However, despite the current...
The NZD/USD currency pair is currently trading at 0.6143, reflecting a bearish trend in recent trading sessions. The New Zealand Dollar (NZD) has been under pressure against the US Dollar (USD), indicating a preference for the safer haven of the...