Breakdown

Outlook on crude oil prices:Crude oil prices It lacks directional conviction after failing to breach last week's confluence resistanceWTI futures have been swinging back and forth between $77.50 and $74.00 in recent days, waiting for…

Forecast GBP/USD and EUR/GBP:A hawkish repricing of interest rate expectations in the UK has boosted British pound in recent weeksThe outlook for the pound remains constructive in the very near termThis article looks at the key GBP/USD…

Outlook for gold pricesgold prices Lacking directional conviction, he oscillates back and forth between profit and lossDespite the price action on Wednesday, the precious metal may come under pressure after the recent hike in interest…

Gold Technical Analysis (XAU/USD)Gold breakdown analysis and levels to watchRetesting the recent support level (now resistance) adds to the bearish outlookMomentum across the MACD is supporting lower prices while the RSI indicates that…

EUR/USD ForecastEUR/USD It is testing trend line support amid a broad base U.S. dollar powerThe recent rise in US Treasury yields has boosted the dollar's recoveryThis article focuses on euroKey technical levels to watch in the coming…

I see a steady bullish trend on the NZD/USD short-term time frame! will Release of US Consumer Price Index for April Shake things up a bit? As you can see from the chart below, the pair is already hanging out at the bottom of its…

Technical analysis of crude oilCrude oil rose in early April after the unexpected OPEC+ announcement to cut production to stabilize energy markets. The decision briefly pushed WTI futures to their best levels since November 2022, but the…