Gold Price Analysis: Key Insights From The H1 Chart Today, the gold market witnessed some interesting movements. Initially, there was a bullish trend; however, this was short-lived as the price experienced a significant drop. Our H1 chart clearly...
The USD/JPY currency pair has several important resistance and support levels that traders should closely watch. Currently, the high resistance level is 157.13, with another significant resistance at 155.76. These levels have proven to be strong...
The price of oil, particularly West Texas Intermediate (WTI), has been fluctuating recently, influenced by several factors. A significant contributor to the rise in WTI prices is speculation about a possible interest rate cut by the Federal Reserve...
EUR/ USD Price Activity Today's focus is on analyzing the price movements of the EUR/ USD Currency pair. When there's talk of a potential rollback, it's worth investigating why it might succeed. The dollar fundamentals aren't so disruptive that they...
I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...