Gold Sellers Push Back Every Attempt to Regain Higher Ground Hello traders! Here’s my technical outlook based on the current XAUUSD (4H) chart structure. XAUUSD previously turned around from the highs under the Resistance Line and formed a...
Forecast of EURJPY On the H1 time frame chart, EURJPY already crossed the 12 and 26 EMA lines; however, in the current candle, it is trying to cross the 50 EMA line, but the momentum of buyers does not seem strong enough, as the buyers require...
### Mastering Market Pullbacks: A Comprehensive Guide to the Three Core Strategies ### 1\. Understanding Market Pullbacks and Their Importance Market pullbacks are temporary price movements against the prevailing market trend. In an uptrend, a...
WTI OIL Daily Outlook Update West Texas Intermediate (WTI) futures, traded on NYMEX, rose 1.42% to close at $101.00 in the European trading session on Wednesday. The increase in oil prices is due to the threats made by both the US and Israel about...
Using the Crude Light Sweet Oil (CL) H1 timeframe chart, the current price is around 101.49. The price movement shows a consolidation phase after a sharp decline from the 109–110 area and then gradually moving up. The green indicator line shows a...