Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
Hello. I mixed up the message, looked at the wrong price bar, and that's why I mistakenly wrote that the day belonged to sellers. Yesterday, everyone was waiting for the Fed's rate decision and Powell's speech, but in the end, there was no...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.1900 after breaking the resistance and...
Critical Factors about EURUSD: The EURUSD market is trading at the 1.0414 level. Recent economic events, including the ECB's press conference, German Economic Sentiment, and French Flash PMI, have not provided any significant benefit to the pair....
Forecast of Crude Oil The price of Crude Oil has been in a bearish trend since January 20th, according to the H4 time frame chart, therefore I kept a close eye on the bearish movement during these 10 trading days. However, the price of Crude Oil was...