Crude Oil Price Trends Let's analyze the crude oil price behavior at present. After failing to breach the mirror resistance level at 80.78, oil started losing ground. Sellers have driven the price back to the moving averages, trading near the...
The pair has been reducing near 1.2630 during the US session on Wednesday. This consolidation occurs within an ascending channel pattern on the daily chart. The 14-day Relative Strength Index (RSI) sits above the 50 level, indicating a bullish bias....
USD/ JPY Price Signals The subject of our conversation pertains to the present study of the USD/ JPY currency pair's pricing movement assessment. The price tested the support level of 158.987 and the resistance of 159.734. The day I ended below...
I've analyzed the dynamic pricing behavior of the GBP/USD currency pair, and my forecast has proven accurate. Monday's high was recorded at 1.2697, and the subsequent pullback was smooth, guiding us to the desired levels without any issues. We...
Hello all, If buyers manage to push the price above the 157.64 resistance, it could lead to further upward momentum. In this case, the next target for the USD/JPY pair would be the higher resistance level of 1.5123. Reaching this level would suggest...