In today's analysis of the crude oil market for August 6, 2024, the predominant bearish sentiment continues to shape trading strategies amidst recent price movements and technical indicators. Despite a fleeting near golden cross signal, indicating...
GBP/USD technical analysis As investors prepare for today's US SRF President Jerome Powell speech at 19:00 (GMT+4), GBP/USD has failed to break through the strong resistance level of 1.2695 three days in a row. During his speech, Jerome Powell will...
During Tuesday's trading session in New York, the pair made a notable surge towards the critical resistance barrier at 1.1010, indicating a strong upward trend. The Euro's appreciation against the US Dollar is happening amid mounting pressure on the...
Hockey Candlestick Chart Pattern Candlestick patterns are essential tools for traders and investors, providing visual representations of price movements in financial markets. Among the various patterns, the Hockey Stick Candlestick Pattern stands...
USD/ JPY Current Price Forecast Today's discussion will cover the price movement outlook for the USD/ JPY currency pair. The price has drawn a correction, and I think this correction is enough to continue its movement along the downward trajectory;...