Crude Oil Technical Analysis Crude oil is currently in a downtrend supported by a firm selling structure. This structure is playing a significant role in pushing the price down. The market trades well below its 200-day simple moving average (SMA),...
Hello. So far, buyers have not been able to develop anything clear in terms of developing more active growth on the Pound, although the run-up was not bad. In the current situation, in order to continue the upward movement, they need to break...
Analysis of yesterday's forex trades Analysis of trades and trading tips for the British pound In the afternoon, the test at 1.2341 coincided with the MACD indicator, which started its downward movement from the zero line. This confirmed a strong...
EUR/USD Analysis of the Day On the H4 chart for EUR/USD, I see a probability for movement to the north, but I note they have not yet broken above the 1.0467 level. I understand that without this break, there is no confirmation of a true northern...
Another reason traders may not want to reduce their euro short positions is ahead of tomorrow's release of the eurozone flash PMis for January. Another dire set of confidence readings will only encourage the ECB to look through the tick-up in...
