Analysis of GBP/USD on the 1-Hour Time Frame Current Trend Overview Upon analyzing the 1-hour time frame chart for GBP/USD, it is evident that the price has been in a bearish trend since October 7. This shift began when the price crossed below the...
Forecast of Silver The H4 time frame chart shows that the price of Silver is above the 26 and 50 EMA lines, but the trading activity is within the ascending channel. Technically, the price of Silver should drop to test the bottom level of this...
The NZDJPY pair is experiencing a continuous downward trend, which may generate a death cross signal. To confirm this, we need to wait for the EMA 50 to cross below the SMA 200, indicating a widening gap. If the two moving averages still overlap,...
Forecast of Crude Oil Crude Oil's daily time frame chart indicates that the price opened in a bullish gap last week, but that the range zone was initiated after that bullish gap. The price of Crude Oil fluctuated within that range over the first...
Gold prices experienced a volatile Friday, initially plunging after the release of a robust US Non-Farm Payrolls report that exceeded market expectations. The report, which revealed the addition of over 200,000 new jobs and a declining unemployment...
