WTI’s price action is at a crossroads, with a key support level in focus. This analysis examines the technical situation and explores potential scenarios for the oil market. WTI at Channel Support: Uptrend or Correction? Downturn Targets...
Gold (XAUUSD) remains locked in an uptrend, having recently found support at the rising trend line on the daily chart. This suggests continued buying pressure and opens the door for further upward movement in the coming days....
The NASDAQ index recently experienced a significant development as it fell below the lower boundary of the ascending price channel on the daily chart. This indicates the necessity for a more extended consolidation phase for the upward...
NASDAQ has recently extended its upward trend, rising from 11678 to as high as 15947. As long as the price stays within the rising price channel on the daily chart, the upside move could be expected to...
WTI has recently extended its upward trend, rising from 63.95 to as high as 79.76 and breaking above the 74.65 resistance level. This could lead to a further rise towards the key resistance level of 83.37 in...
The NASDAQ index has been on an impressive upward trajectory, extending its move to reach as high as 14540. However, it is currently facing a significant resistance level represented by the upper boundary of the rising price...
The NASDAQ index has displayed remarkable resilience as it remains above a rising trend line on the daily chart, affirming its commitment to the uptrend that has been in place since 10665. This upward trajectory has instilled...
The NASDAQ index has shown impressive strength as it extended its upward move from 10665 to reach as high as 13912, surpassing the previous high resistance at 13729. This significant breakout has caught the attention of traders...
After reaching a high of 126.35 in March 2022, prices have consistently declined, hitting a low of 63.95 on May 4th this year. The completion or continuation of this downward trend hinges on the key resistance level...
NASDAQ is currently above a rising trend line on the daily chart, indicating that the market is in an uptrend. The uptrend in NASDAQ started from 10665, and the next target is to test the 13729 resistance...
