Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping prices move higher within the channel. Crude oil prices are currently hovering above support and...
This is a 1-hour candlestick chart for gold, likely from TradingView. Let's analyze it in detail. Key Observations: Support Resistance Levels: The red horizontal lines indicate resistance zones where price previously struggled to break above. The...
GBP/USD The GBP/USD daily chart indicates strong bullish momentum as the pair has surged above key resistance levels, hinting at further upside potential. The price has decisively broken through the 200-day moving average, signalling a shift from a...
EUR/USD The EUR/USD pair has been pushing higher today, breaking key resistance levels and showing strong bullish momentum. This rally has been driven by both technical and fundamental factors, and I see further potential for upside if the current...
GBP/USD is currently trading at 1.2860, reflecting bullish momentum amid a weakening U.S. dollar. The pair’s movement is influenced by key factors such as economic data releases, Bank of England (BoE) and Federal Reserve monetary policies, inflation...
