Buyers gained control during Tuesday's trading session. After consolidating throughout Monday, the buyers' accumulated strength was successfully released, and the price moved upwards right from the market open. The price crossed above the EMA 12 and...
The EUR/JPY currency pair continued its downward trajectory on Wednesday, trading near the 159.60 level. This bearish trend is evident in the pair's movement within a descending channel on the daily chart. Technical indicators further support this...
Hello. Yesterday I also thought that buyers had finally managed to start developing something upwards, but it was not to be. After breaking through the level of 1.05296, the price began to actively roll back, eventually getting into a sideways...
Analyzing the Crude Oil Prices The present discussion pertains to the analysis of the price behavior of Crude Oil. Currently, there are no significant changes for #CL. The daily balance remains unbroken at 70.29, while H1 support is steady at 69.19,...
AUD/USD Market Outlook The market of AUD/USD had tripped in a range of 0.6500 - 0.6455 from many days. However, the US news data can break this range today during the New York trading zone. Because, the US GDP data will provide a broad picture of...