Key Highlights WTI Crude Oil prices started a recovery wave from the $65.20 zone. It traded above a connecting bearish trend line with resistance at $67.40 on the 4-hour chart. Gold prices corrected some gains from the $3,050 resistance. Bitcoin […]
WTI Crude Oil Price Begins Rebound—Can Bulls Sustain the Momentum? Read More »
Key Highlights EUR/USD started a downside correction from the 1.0950 resistance zone. It traded below a key bullish trend line with support at 1.0880 on the 4-hour chart. GBP/USD started a minor downside correction from the 1.3000 resistance. The US
EUR/USD Pulls Back—Limited Room for Further Decline Read More »
Key Highlights GBP/USD started a fresh increase above the 1.2800 resistance. A short-term rising channel is forming with support at 1.2930 on the 4-hour chart. EUR/USD is consolidating gains above the 1.0820 resistance zone. Gold surged to a record high
Sterling Strengthens—GBP/USD Eyes More Gains Ahead Read More »
Key Highlights EUR/USD started a fresh increase above the 1.0800 resistance. It traded below a short-term bullish trend line with support at 1.0880 on the 4-hour chart. GBP/USD is consolidating gains above the 1.2800 resistance zone. Gold surged to a
EUR/USD Consolidates Gains—Is More Upside In Sight? Read More »
Key Highlights Bitcoin price declined heavily and even traded below the $80,000 support. BTC is now well below a key bearish trend line with resistance at $86,650 on the 4-hour chart. Ethereum price also declined and traded below the $2,000
Crypto Struggles: Bitcoin Dips Further, Recovery Faces Major Hurdles Read More »
Key Highlights USD/CHF extended losses and traded below the 0.8860 support. A key bearish trend line is forming with resistance at 0.8825 on the 4-hour chart. EUR/USD climbed above the 1.0800 resistance zone. GBP/USD might soon aim for a move
USD/CHF Declines Further—Bears Tighten Grip on Pair Read More »
Key Highlights EUR/USD started a fresh increase above the 1.0750 resistance zone. A short-term rising channel with support at 1.0800 on the 4-hour chart. GBP/USD surged above the 1.2850 and 1.2880 resistance levels. Crude oil prices dived below the $68.00
Euro Strengthens—EUR/USD Begins Smooth Uptrend Read More »
Key Highlights WTI Crude Oil prices started a fresh decline below the $70.00 support. It traded below a key contracting triangle at $67.85 on the 4-hour chart. Gold prices started another increase and surpassed the $2,895 resistance. Bitcoin restarted its
WTI Crude Oil Price Slump Deepens—What’s Next For The Market? Read More »
Key Highlights EUR/USD started a fresh decline from the 1.0530 resistance. It traded below a major bullish trend line with support at 1.0470 on the 4-hour chart. GBP/USD also corrected gains and traded below 1.2640. The US ISM Manufacturing Index
EUR/USD Trims Gains—Can Bulls Save The Day? Read More »
Key Highlights USD/JPY dipped toward the 148.50 support zone before a minor recovery. It cleared a key bearish trend line with resistance at 149.20 on the 4-hour chart. EUR/USD failed again to clear the 1.0535 resistance. GBP/USD is consolidating gains
USD/JPY Eyes Rebound: Will Market Optimism Fuel Increase? Read More »
