GBP/CAD Descending Triangle Breakout Soon?
GBP/CAD is showing signs of continued bearish pressure as it trades within a clear descending triangle on the 4-hour chart.
Posts Tagged: oil prices
WTI Crude Oil Rallies Above the 100-Hour MA After Rebound
The WTI Crude Oil on Friday extended gains above the 100-hour moving average line after bottoming at about $81.42 on Thursday. The light crude oil…
WTI Crude Oil Finds Strong Trendline Resistance After Rebound
The WTI crude oil on Friday bounced off the trendline support at $86.11, before finding strong trendline resistance at $89.39. The light crude oil price…
WTI Crude Oil Finds Trendline Support After Pulling Back Off 2-Week Highs
The WTI crude oil price on Friday pulled back off the current 2-week highs of about $101.75 to trade at about $98.28. However, the light…
WTI Crude Oil Rallies to Trade Above 100-Hour MA Despite Rising US Inventories
The WTI Crude Oil price on Friday extended gains to trade above the 100-hour moving average line after bottoming at $91 on Thursday. The light…
WTI Crude Oil Bounces Off Weekly Lows to Trade Above $109
The price of oil bounced off the current weekly lows of about $104.54 to trade above $109 after the latest round of data. The light…
WTI Crude Oil Bounces Off Trendline Support After Pullback
The WTI Crude Oil price on Thursday pulled back to trade at around $107 per barrel before bouncing back late on to $108.66. The light…
WTI Crude Oil Rallies To Trade Above $105, Setting a New Weekly High
The WTI crude oil price on Thursday rallied to trade at a new week high of about $105.52, before pulling back to $104.95 late on….