TRADING CHART ON EUR USD H4. The EUR/USD pair on the 4-hour chart reflects a dominant bearish trend, with price action characterized by consistent lower highs and lower lows. The moving average, sloping downward, serves as a key indicator of...
Market Outlook: Insights and Strategies Greetings, everyone! A warm welcome to Interlock's Trading Journal. How are you today? I trust you’re doing well and reaping the rewards of our recent Bitcoin analysis. Yesterday, Bitcoin tested the 106,500...
The EURJPY price on the H4 chart has shown a successful prediction of a decline after breaking through the 200-period Moving Average. This indicates that seller pressure is dominant. Now, the price appears ready to either re-test the 200 MA or...
•••Crude Oil: A Market in Flux Today(December19,2024)••• The oil market is experiencing a tightrope walk today, with prices holding steady around $70.22 per barrel for West Texas Intermediate (WTI). Crude oil traders are watching closely as several...
West Texas Intermediate (WTI) crude oil prices hovered around $69.50 on Thursday. A recent decline in US crude oil inventories and the Federal Reserve's decision to cut interest rates by 25 basis points provided some temporary support to the...