Today, I am going to discuss the current state of crude oil prices. As of now, on the D1 chart, crude oil is trading around the 81.62 level. This price point is significant as it reflects a period of relative stability since last week, during which...
The pair has been reducing near 1.2630 during the US session on Wednesday. This consolidation occurs within an ascending channel pattern on the daily chart. The 14-day Relative Strength Index (RSI) sits above the 50 level, indicating a bullish bias....
The U.S. dollar rose sharply on Wednesday morning, continuing its strong appreciation against the Japanese yen. This consistent strength of the pair is primarily due to upbeat automotive trading growth, with positive interest rate differentials...
Hello all traders how are you? The EUR/JPY currency pair has shown recent interesting movements. It reached the pullback level of 168.50-168.75 but failed to break through, stalling between 168.20 and 168.64. This indicates strong resistance...
In the early hours of trading on Wednesday, the euro retreated again, testing the 1.0680 level that has acted as support for several consecutive days and could return to 1.06, a support zone, if the euro falls below this threshold strong. This means...