GBPJPY may rest near 190.00 round number MACD and RSI confirm bearish retracement Broader outlook looks strongly bullish GBPJPY is retreating after the pullback off the eight-and-a-half-year high of 193.55 and is moving towards the short-term ascending trend line. According to technical oscillators, the RSI is heading south following the strong rally until the 70 […]
May 09, 2024
Crude Oil Price Takes Hit, Decoding Hurdles To Fresh Increase
Key Highlights Crude oil prices declined further below the $80.00 support. A connecting bearish trend line is forming with resistance at $79.60 on the 4-hour chart. Gold prices are consolidating below the $2,335 resistance. Bitcoin prices are again moving lower below the $63,500 resistance zone. Crude Oil Price Technical Analysis In the past few days, […]
The post Crude Oil Price Takes Hit, Decoding Hurdles To Fresh Increase appeared first on Action Forex.
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