Today, I am going to discuss the current state of crude oil prices. As of now, on the D1 chart, crude oil is trading around the 81.62 level. This price point is significant as it reflects a period of relative stability since last week, during which...
USD/JPY H-1 Good day, colleagues and traders! The Moving Average indicator for this pair is below the price, which corresponds to a buy signal. The intersection of the MACD indicator to the top also confirms purchases, as does the trend indicator....
Bear flag patterns are technical chart formations that signal the continuation of a downtrend in the forex market. These patterns are commonly used by traders to identify potential entry points for short positions, allowing them to capitalize on the...
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...
The pair is experiencing a narrow range of oscillation during the Asian session on Wednesday, stabilizing after its recent three-day decline. The pair reached the 1.0690 area, its lowest level since early May, in the previous session. Currently,...