EURUSD Major Correction Underway?
EURUSD recently broke below the strong support around the 1.1750-1.1800 levels then found a floor at 1.1623. A correction to the area of interest might…
Author Archive
WTI Crude Oil Price Analysis for Sept. 25, 2020
WTI crude oil continues to advance as it formed higher lows and higher highs inside a rising channel on the 1-hour time frame. Price is…
Natural Gas (NATGAS/USD) Price Technical Analysis for Sept. 25, 2020
Natural gas staged a strong rally recently but seems to be in the middle of a correction on a longer-term slide visible on the 4-hour…
GBPJPY Sellers Waiting for This Correction
GBPJPY has been on a steady decline and it looks like this quick correction could pull more sellers in. Price is testing the 38.2% Fib…
WTI Crude Oil Price Analysis for Sept. 24, 2020
WTI crude oil continues to stay afloat, finding support at the 200 SMA dynamic inflection point on the 1-hour chart. However, a bearish reversal pattern…
Natural Gas (NATGAS/USD) Price Technical Analysis for Sept. 24, 2020
Natural gas made quite the strong bounce recently, suggesting that it’s done with the correction from the uptrend. A continuation of the climb could take…
GBPAUD Short-Term Countertrend Scenario
GBPAUD could be in for a bounce off the top of its ascending trend channel as price tests the resistance near the 1.7900 major psychological…
WTI Crude Oil Price Analysis for Sept. 23, 2020
WTI crude oil is already resuming its drop after a retest of an area of interest, setting its sights on downside targets marked by the…