The EUR/USD 4-hour chart indicates that the market is currently in a consolidation phase, characterized by bearish pressure. The currency pair is trading around 1.08918, positioned below the 50-day Simple Moving Average (SMA), which serves as...
WTI oil daily Forecast West Texas Intermediate (WTI) crude oil prices fell after two consecutive days of gains, as market participants digested the latest data showing that US crude oil inventories fell less than expected. Despite the recent...
The current market conditions remain relatively unchanged, and I observe that the local environment presents some potential for a decline, although the signals are weak. I also note that the same can be said about purchasing activity, which lacks...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is currently rising and buying momentum is helping it rise. The market price broke through the resistance level, and the market price is currently forming a...
GBPUSD Analysis The GBPUSD currency pair is currently in an uptrend, as evidenced by recent price action. According to the chart, the pair is moving within a rising channel and the price is currently testing the upper boundary. The momentum is...
