Tuesday saw a modest increase in oil prices. WTI oil settled at $69.20, while Brent oil settled at about $73.30. The market is now back to pre-war levels. This suggests that a significant geopolitical premium is no longer being paid by traders. The...
NZDUSD H1 Chart Analysis: At a market price of 0.57048, it is presently trading above the cloud. Senkou Span B at 0.55804 and Senkou Span A at 0.56678 are the two strong support levels that make up the cloud boundary. In the cloud, the Senkou Span B...
Bitcoin Market Commentary Bitcoin is trading near 63,000, placing the market in a zone where both buyers and sellers have reasons to remain active. After recovering from lower levels in recent sessions, price is now moving into an area where...
Silver Forecast Silver remains under bearish pressure on the H1 timeframe as sellers continue to dominate price action. The chart shows a series of lower highs and lower lows, confirming that the short-term trend is still pointing downward....
USDJPY 1-Hour Analysis: Currently, the USDJPY currency pair is exhibiting a strong uptrend on the 1-hour chart, with the price positioned above the moving average, indicating a persistent bullish market sentiment. This strong momentum suggests that...