WTI crude oil appears to be retreating from the long-term support-turned-resistance area visible on the 4-hour time frame. Still, price is trading inside a short-term ascending channel that could attract buyers again.
WTI crude oil is still trending higher, forming higher lows and higher highs connected by a rising channel on the hourly time frame. Price is retreating from the channel top and looks ready for another test of support.
WTI crude oil is still consolidating inside its long-term descending triangle pattern, as it once again got rejected on its test of resistance near the…
EURUSD has formed higher lows and higher highs connected by an ascending trend channel that’s been holding since mid-April. Price just retreated from its channel…
WTI crude oil failed in its last two attempts to break above the $81.50 per barrel region, creating a double top pattern as it tests…
EURUSD might be in for a reversal of its uptrend, as the pair is forming a double top pattern after a couple of failed attempts…
WTI crude oil seems to have been rejected on its test of the range resistance at the $80 per barrel major psychological mark. With that,…
As of Wednesday afternoon Asian time, the New Zealand dollar had risen against the US dollar to a level of 0.5860. The pair is supported…