Technical Analysis of Oil After two days of a downward trend for oil, the price started today in a good buying zone as the price started trading within bearish price channels. The price also traded supported by the weekly pivot level, and thus the...
Profiting from USD/JPY Prices The subject of our conversation is the current assessment of the USD/JPY currency pair's pricing behavior. I exited the market promptly with my sale and returned to the concept of forming the right shoulder of the Head...
The big drop in Chinese markets over the past two sessions kept pressure on the commodity dollar, although European majors EUR/USD and GBP/USD were largely unaffected, with the DAX also following US markets higher on Tuesday. . With not much on the...
### Analyzing GBP/USD Price Action: Bearish Sentiment and Key Support Levels In the current USD market, a close examination of the GBP/USD pair reveals that it touched the $1.3200 mark on Tuesday. At present, the pair is trading around 1.3180. The...
### NZD/USD Technical Analysis and Trading Strategy The NZD/USD pair is currently exhibiting a clear bearish trend, characterized by the formation of lower highs and lower lows. A technical analysis on the H4 timeframe reveals that the bearish...