Crude oil futures are moving higher today, currently trading at $85.41 — up around $2 on the session. The high extended to $86.79, the best level since August 21. At session highs, the price was testing the key 100-day moving average at $86.73. Buyers briefly pushed price above that MA, but momentum faded fast and […]

The wave count on the four-hour chart for EUR/USD is becoming more complex. There is still no question of canceling the bullish trend segment (bottom chart) that began in January last year. On the contrary, we have seen a complete A-B-C corrective structure, which is most likely finished. We never saw a convincing wave 5

As a trader, it is important to pay attention to the nuances of price action—especially around the technical levels that traders tend to follow. When a key level repeatedly holds as support or resistance, it tells you that traders around the world are watching it and using it to define and limit risk. It also

The GBP/USD pair continues to rise, and this move appears fully justified. As a reminder, the dollar has faced numerous negative factors in recent weeks, including the US Treasury’s decision to increase its purchases of long-term bonds, a weak Nonfarm Payrolls report, slowing consumer price inflation, slower GDP growth, and declining market expectations for tighter