From my personal perspective, this chart showcases a clear bearish dominance from late November 2024 to mid-December, where sellers controlled the price movement, driving it downward in a steady trend. This prolonged decline reflects strong selling...
WTI Crude Oil: Navigating Resistance and Support The West Texas Intermediate (WTI) crude oil market was relatively flat in recent trading, with a slight move down around the $78.50 level. This area continues to act as a pivotal point as traders...
EUR/USD quickly resumed its uptick, leaving behind Wednesday’s hiccup and retesting the area beyond 1.0300 the figure on the back of further selling pressure in the US Dollar.EUR/USD remains under pressure, with key support at 1.0176 (YTD low on...
In my opinion, the USD/CAD hourly chart indicates a market environment that is gradually transitioning from consolidation to bullish momentum. The price action shows a consistent upward bias with periods of sideways movement, suggesting a balanced...
In my opinion, the EUR/USD hourly chart exhibits a mix of consolidation and gradual bearish sentiment, with intermittent attempts by bulls to regain control. The overall structure of the market suggests that it is in a transitional phase,...
