US West Texas Intermediate (WTI) crude oil prices took a tumble on Tuesday, falling below $80.50 after briefly touching $81.50. This decline stemmed from a combination of factors. First, optimism lingered in the market that crude oil stockpiles...
GBP/USD daily H1 timeframe chart Greetings. Today the British pound showed a pleasing performance as the quotes managed to rise, achieving my targets. The GBP/USD pair ascended to the middle boundary of the current trading range on the chart. After...
Bitcoin Trading Analysis: Bullish Momentum or Bearish Reversal? Bitcoin's recent price action has created a sense of optimism among traders. Yesterday, it surged towards the 59,400 level before rallying to test the 62,500 level, indicating strong...
For this instrument, it is clear that accumulation is underway. I expect this ongoing accumulation to culminate in a significant upward movement. As I've mentioned many times, I plan to monitor the resistance levels at 79.96 and 80.62. Near these...
The EUR/JPY currency pair, which stands at 171.13 as of the current moment, is exhibiting a bearish trend. While the market appears to be moving slowly at present, there are compelling reasons to anticipate a significant movement in the coming days....