The price fluctuated within a limited range between the nearest support and resistance, moving around the daily opening price of 20,839, which was between 20,757 and 20,921. Buyers then pushed the price towards the 20,921 resistance, where it faced...
Oil prices have moved decisively higher since our last report, highlighting the market’s bullish intentions. Today we are to take a look at the situation in the US oil market and continue to examine issues affecting the fundamentals of the demand...
Currency pair EURJPY - chart of period D1. Now for this pair, the wave structure can be said to be building its order downwards, although more and sideways market here in this period. The MACD indicator is in the lower zone of sales and below its...
The Australian Dollar (AUD) weakened significantly against the US Dollar (USD) on Friday, plunging to approximately 0.6180 during the North American trading session. This sharp decline coincided with a resurgence of the US Dollar, which had been on...
I am focusing on the weekly timeframe today, where I see a potential descending channel, with the price currently sitting at its upper border. I believe today will reveal whether the price breaks out of the channel upwards or remains within it. I...
