T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Hi all. I hope everyone is doing well in trading. Today is the 5th day of this trading week and on this occasion; I will try to analyze the Crude oil market. Crude oil is trading at 70.83 at the...
Current analysis of EUR/USD points to a selling trend, with buyers unable to sustain control. The quotes is currently entrenched in a notable downtrend, largely influenced by the European Central Bank's recent monetary policy decisions and robust...
The euro/US dollar exchange rate continued its downward trend following the European Central Bank's (ECB) interest rate decision on Thursday. Despite the ECB's decision to reduce its deposit facility and major refinancing rates by 25 basis points,...
TRADING CHART ON GBP/USD H4. The GBP/USD currency pair is trading between the pivot point (PP) at 1.3073 and the support (S1) at 1.3013. There is no strong movement towards the resistance (R1) at 1.3125 or below the support (S1) at 1.3013. Many...
AUD/USD TECHNICAL ANALYSIS: On the AUD/USD D1 time frame, the AUD/USD currency pair is currently trading near the 0.6706 level as of Friday, showing interesting developments in its price action. When analyzing the daily chart, we can observe that...