The U.S. crude oil market (#CL) is at a crucial juncture, with technical indicators and fundamental factors pointing toward mixed prospects. On the daily chart, the asset continues to exhibit a descending price action pattern, validated by the...
The broader market dynamics will also play a crucial role in shaping gold’s trajectory. Recent bullish candlestick patterns suggest a potential uptrend, but mixed economic data and looming bearish chart signals call for caution. Traders should stay...
EUR-USD D1 ANALYSIS CHART EUR/USD. Hello. On the 4-hour timeframe and above, the most ideal thing is to go to the seller's zone 0655-0727. Below is the buyer's zone 0347-0281, but a rebound from it has already gone north, and the seller's target is...
The GBP/USD currency pair kicked off the new trading week on a subdued note, dipping below the 1.2700 level and snapping a three-day winning streak. The pair's inability to sustain momentum above the 200-day exponential moving average (EMA) suggests...
The pair has come under fresh selling pressure after a brief uptick, with the pair sliding closer to the mid-149.00s during the early session on Tuesday. A key factor driving the Yen’s weakness was a statement from Yuichiro Tamaki, leader of Japan's...
