I see that the situation with the Pound has changed abruptly, and the Dollar has begun to strengthen across the entire market. This shift in momentum could significantly impact GBP/USD, potentially replacing all previous expectations of growth with...
Crude oil prices this week tend to move down due to weakening demand and increasing production. The Energy Information Administration (EIA) noted that US crude oil reserves increased very rapidly. Crude oil prices have been burdened by concerns that...
Trend Line Chart Pattern: Introduction A trend line chart pattern is a fundamental tool in technical analysis, used to identify and confirm market trends. It consists of straight lines drawn on a price chart to connect significant highs or lows,...
The chart represents the NZD/USD currency pair in the H1 timeframe. The price movement is accompanied by Bollinger Bands and a Stochastic Oscillator (5,3,3) to assess volatility and momentum. The recent price action suggests a bearish trend as the...
The EURUSD market pair traded on Friday was still in a very strong bearish pace after buyers failed to bring the price up bullish because they were strongly blocked by sellers who strengthened the resistance area at 1.0419-1.0418 so that the price...
