Shezuka trading discussion Consequently, other pairs also signaled the strengthening of the US dollar. Due to these factors, the price rose to the horizontal resistance level at 1.3716, then bounced back down to the ascending line, forming the...
Four consecutive bullish candles indicate an active bullish bias on the daily chart. As the pair moves towards 16050, it will encounter daily resistance. Within today's range, the pair will reach this goal. Due to the high bullish pressure, the...
A Deep Dive into Crude Oil Price Activity They are presently dissecting the dynamic pricing behavior of Crude Oil. On the H-4 chart, buyers of US oil from the low of $72.48 per barrel have created another primary downward impulse with a bullish...
Given last week's better-than-expected data, the market anticipates a possible interest rate hike as early as next month, which could strengthen the pound across the board. On the daily chart, the GBP/USD pair broke the short-term moving average and...
The wave pattern for GBP/USD remains quite complex and ambiguous. A successful attempt to break through the 50.0% Fibonacci level in April indicated the market's readiness to form a downward wave 3 or c, but we have only seen an increase since then....