Crude oil prices staged a recovery after dipping below the crucial $70 level, rebounding to the $71 mark. This upward movement was fueled by a combination of factors, including a weaker US dollar and geopolitical tensions. The initial decline in oil...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD I would like to look at the four-hour chart. On it, after a rebound from the local minimum of 2540, gold moved to confident growth and then an ascending wedge was formed in the shape of a price triangle....
EUR/USD Analysis Daily time frame analysis: I wish you a good evening and greetings! Here is my latest post on crude oil analysis. We will first discuss the fundamental factors that affect the crude oil market before we move on to the technical...
The EUR/USD currency pair displayed a modest recovery on Monday, trading slightly above the 1.0500 level after rebounding from recent lows. While the pair attempted to challenge the 20-day Simple Moving Average (SMA) near 1.0520, it ultimately...
The currency pair saw a decline during the early Asian session, following the release of the latest U.S. economic report, which revealed an uptick in prices. This led market participants who had been pricing in a larger Federal Reserve rate cut to...