XAU/USD Latest Movement Update The slope of the linear regression channel is up on the M15 chart. This indicates the strength of the buyer trying to grow to the level of 2933.00. Upon reaching the target, the movement will slow down. Due to...
Crude Oil Technical and Fundamental Analysis Technical Analysis In the H1 timeframe, crude oil prices are trending downwards as the market structure is bearish. The price action is forming lower highs and lower lows, confirming the downtrend. Crude...
USD/JPY As of today, USD/JPY is hovering around the 150.00 mark after a recent dip to 148.10. The pair has shown some recovery, but technical and fundamental factors are painting a mixed picture. Technical Analysis: Moving Averages: The 5-day...
GBP/USD is currently trading at 1.2860, reflecting bullish momentum amid a weakening U.S. dollar. The pair’s movement is influenced by key factors such as economic data releases, Bank of England (BoE) and Federal Reserve monetary policies, inflation...
Looking ahead, I expect the bears to continue their downward push. I believe we are likely to see a breakout of the 161.8% Fibonacci level at 148.43. If this happens, I think the next target will be yesterday’s low of 148.11. I am closely monitoring...
