On Monday, May 28, Brent has slumped to $75 a barrel, WTI has declined to $66.70.
Daily Market Analysis
The pair is likely going to achieve the 89 Moving Average, which could act as support...
The market is likely going to test the next support area, which could be a starting point for an upward correction...
The main intraday target is the closest support at 1.3300 - 1.3266. A pullback from this area could be a starting point for...
We're likely going to have another decline in the direction of the nearest support at 1.1636 - 1.1605...
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new cross of Tenkan-sen and Kijun-sen
Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal
NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…
CAD/CHF broke support zone Next sell target - 0…
USD/CAD rising inside the minor impulse wave (iii) Next buy target - 1…
The pair is going to test the upper 'Window' shortly. A pullback from this level could be a starting point for another decline...
There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area...