Crude Oil WTI Analysis – Market Volatility Key Levels The crude oil market remains under pressure as WTI futures (CFD) continue their downward trajectory, currently trading at $68.81 after reaching a high of $69.29 and a low of $68.68. The price...
Let’s look again at the D1 period chart today in the middle of the week - the EURUSD currency pair. In this senior period, it is best seen that the price is now within the error limits of the horizontal resistance level of 1.0500. It is also such a...
Strategic Insights: EUR/ JPY Prices The EUR JPY currency pair appears to be still in a bearish/downtrend condition, but we must also anticipate a trend reversal if the price breaks through the resistance area above and also price consolidation. If...
Technical Analysis: EUR/USD wobbles around 1.0500 EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a $4.5 trillion tax cut plan on...
Thrusting Chart Pattern The Thrusting Pattern is a type of continuation candlestick pattern that appears in technical analysis of financial markets. It signals that the current trend (usually bearish) is likely to continue. Here’s a breakdown of...
