GBP/USD Inverted Head and Shoulders Pattern
GBPUSD might be in for a reversal from its downtrend, as price has completed an inverted head and shoulders on its short-term chart. The pair…
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WTI Crude Oil Price Analysis for May 20, 2022
WTI crude oil is trending higher on its 4-hour time frame, and price seems to have found buyers at its mid-channel area of interest. The…
Natural Gas (NATGAS/USD) Price Technical Analysis for May 19, 2022
Natural gas is forming a double top pattern on its short-term chart, indicating that a reversal from the uptrend is due. Price is close to…
EUR/GBP Bullish Trend Correction Levels
EURGBP is trending higher inside a rising channel connecting its higher highs and higher lows since mid-March. Price is in correction mode but seems to…
WTI Crude Oil Price Analysis for May 19, 2022
WTI crude oil continues to trend higher inside its rising channel visible on the 4-hour time frame, but price is pulling back after hitting the…
Natural Gas (NATGAS/USD) Price Technical Analysis for May 18, 2022
Natural gas might be in for a reversal from its uptrend, as the commodity price is forming a head and shoulders pattern on its short-term…
NZD/USD Bearish Correction to .6400?
NZDUSD is cruising below a descending trend line connecting the highs since mid-April. Price is testing this falling resistance area once more, and the Fibs…
WTI Crude Oil Price Analysis for May 18, 2022
WTI crude oil is trending higher but seems to be in the middle of a short-term pullback. Price is finding resistance around $116 per barrel…