Elliott Wave Outlook Confirms That GBPUSD Has Resumed Its Upward Move

USDCHF reversed from support zone Likely to rise to resistance level 0.9050 USDCHF currency pair recently reversed from the support zone between the support level 0.8920 (which has been reversing the price from November), support trendline of the daily down channel from January and the lower daily Bollinger Band. The upward reversal from this support […]

Crude oil futures surged on Monday due to disruptions in Russian refining capacity caused by Ukrainian drone strikes and Moscow’s decision to cut output to comply with OPEC+ targets. The West Texas Intermediate (WTI) contract for May settled at $81.95 a barrel, up $1.32, while the Brent contract for May settled at $86.57 a barrel, […]

US 500 rebounds from uptrend line RSI approaches 70 level; MACD tries to surpass its trigger line The US 500 cash index is creating the sixth consecutive green day, following the bounce off the short-term uptrend line and the 5,855 support level. The price is currently approaching the previous all-time peak of 6,052 and the […]