The price of West Texas Intermediate (WTI) crude oil is hovering around $83.50 per barrel, caught in a tug-of-WAR between opposing forces. Recent data reveals that oil-exporting countries (OPEC) have ramped up production for two consecutive months,...
Hello all traders how are you? The NZD/USD currency pair showed significant movement from recent declines, especially when it tested the local support level of 0.61068, according to my assessment. Initially, the price action suggested a possible...
USD/JPY: The ADP US Employment Change report revealed that only 152,000 new workers were added to payrolls in May. This figure is the lowest in four months, well below the forecast of 175,000 and the downwardly revised April figure of 188,000....
EUR/USD H-1 You and I never waited until EUR/USD fell to hear the news... I don't know how you acted on it in the meantime, but let's just say I screwed it up. So, first things first. So, at first I didn't want to see so many sell orders in the...
EUR/USD ANALYSIS. Today, we will talk about the EUR/USD currency pair's price action analysis. I looked at the EUR/USD pair on the H1 chart using the D1 time frame. The consolidation process is ongoing, and there may be a reversal soon. A move in...