•••Crude Oil Prices: January 21, 2025 Update••• ••Geopolitical Concerns Impacting Oil • Geopolitics are certainly adding to the mix, causing some price fluctuations today. The latest from the U.S. administration’s energy policies, particularly...
GBP/USD Price Movement Update GBPUSD rose again in the market movement here yesterday, the price returned to the sell block order area of 1.2342 - 1.2362. However, the bullish movement stopped after reaching the block order area. This morning the...
Bullish Engulfing Chart Pattern The Bullish Engulfing Chart Pattern is a widely recognized candlestick pattern used in technical analysis. It signals a potential reversal in the market trend, typically indicating that a downtrend may be coming to...
General Points about XAUUSD: The XAUUSD market is in a downward trend because recent events in the USA have strengthened the sellers. Economic developments, such as robust economic data or hawkish policy signals from the Federal Reserve, have...
Technical analysis of WTI crude oil West Texas Intermediate (WTI) crude fell sharply in early trading on Monday, partly due to the Martin Luther King Jr. holiday, which reduced trading volume and activity in the United States in particular. Under...