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...
EUR/GBP (Euro/British Pound Rate) The EURGBP pair that is moving down has entered its third week and there is no signal that the price will move up. If we look at the ongoing downward rally, it seems that it can only be corrected upwards around...
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...
USD/ JPY Price Understandings Our conversation will center on analyzing the USD/ JPY currency pair's price action. The USD/ JPY currency pair closed the trading week with an upward momentum, finishing near 146.23. The pair remains in a growth...
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...