Crude Oil Technical Analysis The crude oil market price was a downtrend, and the market structure supported the decline. However, the structure has been broken, and prices have moved upwards. Currently, the market is re-establishing the structural...
In this article, we will explore some of the most common chart patterns in forex trading and how they can help traders make better-informed decisions. We will cover both reversal and continuation patterns, offering practical examples and tips on how...
NZDUSD currency pair - let’s consider the chart of the D1 period. After the last growth wave updated the maximum of the previous one, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from...
PAIR REVIEW EURUSD Hello! Analyzing the EUR/USD trading pair considering the levels, we can note: the average PIVOTPOINT line shows a gradual decline compared to the previous day, which may show the possibility of a downward movement. The current...
THE CURRENCY PLAYER EUR-GBP Today the market for the euro/pound opened with a gap, which has not been covered so far. In this case, I believe that the price may continue to move in a southerly direction to the nearest support level, which,...
