Brent crude oil futures have entered a period of sustained decline, characterized by a well-defined downward sloping channel that originated in mid-January. This persistent bearish trend has resulted in prices plummeting for four consecutive days,...
Crude Oil Price Action: March 6, 2025 Market Sentiment: Uncertainty Looms Crude oil prices are showing some signs of life today, with WTI trading just above $66.75. The slight uptick of around 0.6% follows a series of volatile moves, as traders...
Daily Chart Analysis: EUR/USD The EUR/USD market is currently in an uptrend, trading around the 1.0797 level. The market has been gradually rising and is approaching a critical resistance level at 1.0800. A breakout above this resistance could pave...
The USD/JPY currency pair is currently experiencing significant volatility, which seems to be hindering its directional movement. As you noted, this volatility often signifies a potential reversal; however, in this instance, the fundamental outlook...
Crude Oil Latest Movement Waves Update The movement of oil prices (#CL) on the H4 timeframe shows that wave (v) in wave (1) seems to have reached its endpoint in the area of lowest demand, marking the potential start of a corrective phase....
