Understanding Bullish Momentum and Breakouts in the Forex Market The forex market is characterized by various price movements that traders analyze to make informed decisions. Two important concepts in this context are "bullish momentum" and...
Current Status of WTI Prices and Market Dynamics As of now, West Texas Intermediate (WTI) crude oil prices are hovering above $70.00. However, the market is characterized by caution and uncertainty. Investors are closely monitoring the upcoming...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
I believe that the recent price movements in the XAUUSD pair are primarily driven by profit-taking, followed by renewed buying interest, which sustains the upward momentum. I observed that on Thursday, the price updated its maximum again, and I...
Crude Oil: Key Patterns and Signals The current topic of discussion is the analysis of Crude Oil price behavior. I have slightly revised the H4 time chart, on which a wide sideways price channel with a downward slope is emerging. Already now a...
