The GBPUSD currency pair is still facing downward pressure and has fallen below the 5-day moving average on the daily chart, after declining since last Wednesday when it tested the 10-day moving average resistance. It has been pushed back down below...
Gold continued to show bullish behavior in early trading on Thursday, but is now testing the upper end of its recent trading range. This key moment deserves close attention as a break above the $2,720 level could signal a continuation of the broader...
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 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,...
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...
