Technical analysis of Crude oil Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line,...
Currency pair EURJPY - let’s consider the chart of the D1 period. The price was moving sideways throughout January. Of course, there were movements, but by the standards of the daily period, they were not large. The wave structure is neutral. The...
EUR/ USD Price Watch The EURUSD market pair traded on Friday was initially brought up bullish by the buyer who managed to bring the price up bullish quite strongly but was still unable to break out of the resistance area at 1.0443-1.0442 which was...
Market Fundamentals: The focus will be on the Harmonized Index of Consumer Prices (HICP), with core inflation expected to inch up to 2.8% year-over-year from 2.7% previously. A higher-than-expected reading could complicate the European Central...
Crude Oil Price Action Breakout We will explore analyzing Crude Oil's price fluctuations. In January 2025, the US crude oil market showcased notable volatility, as illustrated in the recent price chart. Starting on January 21, prices fluctuated...