USDJPY Pullback to Descending Trend Line
USDJPY is forming lower highs connected by a new descending trend line on its 4-hour time frame. Price recently bounced off the lows at 108.73…
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WTI Crude Oil Price Analysis for Aug. 5, 2021
WTI crude oil has formed lower highs and higher lows to consolidate inside a symmetrical triangle visible on its 4-hour chart. Price is approaching the…
Natural Gas (NATGAS/USD) Price Technical Analysis for Aug. 5, 2021
Natural gas continues to trend higher on its 4-hour chart, as price bounced off the ascending channel support and is climbing past the mid-channel area…
AUD/USD Approaching Channel Resistance
AUDUSD has formed higher lows and higher highs inside a rising channel on its 1-hour time frame. Price just passed the mid-channel area of interest…
WTI Crude Oil Price Analysis for Aug. 4, 2021
WTI crude oil is trending lower on its short-term charts, as traders expect a buildup in global supply from August to December. However, the longer-term…
Natural Gas (NATGAS/USD) Price Technical Analysis for Aug. 4, 2021
Natural gas is resuming its climb, as it bounced off the rising trend line on the 4-hour time frame and is testing the first upside…
AUD/JPY Testing Bearish Channel Support
AUDJPY is moving inside a falling channel on the 1-hour chart with its lower highs and lower lows. It might be in for a countertrend…
WTI Crude Oil Price Analysis for Aug. 3, 2021
WTI crude oil recently broke above a falling trend line on its 4-hour time frame to signal that a reversal from the downtrend is underway….