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In the last few days, the oil bulls have finally shown that they haven't lost their horns and are ready to fight for higher levels. Unfortunately, we can't say the same for uranium, where the bulls' involvement has led to important changes in the technical picture. What could this lead to in the days ahead?
Even though the bulls have been down for the last few sessions, they've managed to maintain the short-term support that's most important to them. In addition, another potential ally has appeared on the horizon. Will they use its potential to regain the levels they lost?
Another red candle, another gap, another test… When will there finally be a breakthrough, and we'll see a bigger move in the price of black gold?
On Friday, crude oil lost 2% and extended Wednesday losses. What are the consequences of this price action? Have the bears taken over for good?
The sharp drop in oil prices after the market opened on Wednesday could have scared a lot of bulls. But what are the real implications?
Anna's passion for drawing evolved into a fascination with colorful lines and shapes, which later inspired her interest in the stock market. Her academic and early professional life were characterized by intense study and a strong desire to master stock market analysis, as she pursued a career in banking and finance, following her mother’s footsteps.
Gaining recognition in the field, she contributed to industry-leading websites in the USA, Canada, and Great Britain and supported premium trading services at Sunshine Profits. Anna developed a unique trading system, embodying her belief that being a profitable investor or analyst is a lifelong journey, constantly adapting to the dynamic nature of the markets.
