West Texas Intermediate (WTI) crude oil futures are currently exhibiting a potential double bottom pattern around the $70.15 per barrel mark, hinting at a possible reversal of the sharp January decline. This pattern suggests that the market may have...
The NZD/USD currency pair is currently trading within a strong bearish trend, as price action struggles to move above the key pivot level of 0.5765, which serves as an important resistance point. As long as the price remains below this threshold,...
We are examining the dynamic pricing behaviour of the GBP/ USD currency pair in real time. It is difficult to guess at the moment what the further actions of major players will be. So far we have only gone above the level of 1.2600. As I said a...
The EUR/GBP currency pair remains under bearish pressure as the price continues to trade below the significant resistance level of 0.8288, which serves as a key barrier preventing any meaningful upside movement. As long as the price remains below...
The NZD/USD currency pair continues to exhibit strong bearish momentum, as price action remains unable to break above the crucial pivot level of 0.5765, which serves as a key resistance zone preventing any sustainable upward movement. As long as the...