West Texas Intermediate (WTI), the benchmark for U.S. crude oil, experienced a volatile trading session on Wednesday. Prices initially declined amid the imposition of tariffs by the United States on its major trading partners, coupled with the...
#CL Good morning, #CL has dropped to 73.70, which is 50 percent of the previous growth if we take 80.70 as the maximum and 67.00 as the minimum. In fact, by analyzing the huge daily decline volumes, we can conclude that the decline is likely to...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Today, I will be discussing the current price behavior of the USD/CHF currency market in my article. The price of USD/CHF is stable around the level of 0.9064 dollars at the time of writing the...
Price Action Price action refers to the movement of a financial asset’s price plotted over time, and in the context of forex trading, it represents how currency pairs behave on a price chart. Traders who rely on price action analyze these movements...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2690, showing a slight bounce after testing 1.2650 earlier. I’ve been watching the 50-day SMA, which is acting as a solid support, while the 200-day SMA near 1.2720 remains a key resistance...
