WTI Crude Weekly Technical Review The West Texas Intermediate (WTI) crude oil market initially struggled higher but eventually lost those gains, causing significant slowdown. Despite the fact that we have broken from the symmetrical triangle model...
### GBP/USD Analysis Update: August 3, 2024 As of August 3, 2024, the GBP/USD currency pair is experiencing a shift in market dynamics that traders should carefully monitor. On the H4 (4-hour) time frame, the pair appears to be entering an initial...
Good evening, traders. After updating local minimums, the pair experienced a rollback without consolidation. Despite a weak dollar, the euro received substantial support, and the yen gained momentum due to various factors. This leaves the overall...
The currency pair has recently been showing bullish tendencies, driven by negative data from the US hourly and jobs reports. As of the market close last night, the pair was trading around the 1.00910 level. This upward movement is significant, given...
NZDUSD D1 Analysis Market Overview The NZDUSD pair is currently exhibiting a strong downtrend on the D1 timeframe. Price action has been consistently forming lower highs and lower lows, indicating a sustained downward momentum. Support and...