The test of the 156.56 price level occurred when the MACD indicator had moved significantly upward from the zero mark, limiting the pair's further upward potential. For this reason, I did not buy. Since this happened towards the end of the American...
West Texas Intermediate (WTI) crude oil prices extended their rally for a third consecutive day, hovering around $75.50 per barrel during the Asian trading session on Friday. This upward trend was fueled by growing expectations of a rate cut by the...
NZD-USD PAIR ANALYSIS It didn’t always work out this way, but now there is a fairly good absorption of almost the entire trading week. We can again look at the breakdown of the current 0.6070–80 and the decline to the lower savings line of...
If the market closes above the 1.7500 level, it would be a significant indicator that prices are likely to continue their upward trajectory, moving towards the 1.2600 mark. The 1.2700 level is identified as the third level of resistance, and...
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