Pivot Points Pivot Points are a popular technical analysis indicator used in trading to identify potential support and resistance levels. They are calculated based on the previous day's high, low, and closing prices and are commonly used in Forex,...
Good to all. Again, GBP/USD has sharpened its claws poorly for the north, climbing uphill is not like rolling downhill, we roll down much faster than we row uphill. In general, yesterday we were spinning, it was hard, but we were going uphill, only...
Crude oil prices dipped on Wednesday as concerns about weakening demand from China outweighed expectations of a potential rate cut by the Federal Reserve. The benchmark West Texas Intermediate (WTI) crude futures contract traded at $69.70 per...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis, the market price is rising, and the price has formed an ascending channel. The cost of the market is quite respectful of this channel, so the price goes up. Market prices...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, and the market has moved up; the trend line that helped push the price higher has been broken. The market price is currently between the support level at 1.2610 and the...
