Crude oil prices continue to decline as market sentiment weakens. OPEC+ has announced plans to roll back production cuts implemented in 2023 to address supply constraints and raise prices. This follows a period of low supply, reflected in declining...
4:55 GMT: Sold the USD/JPY At 4:55 GMT, I opened a sell trading position with a 0.25 lot size on USD/JPY. You can see the details of this trade in the picture below. USD/JPY | Sell | Enter @ 157.50 | Stop @ 157.69 | Take profit @ Depend on the...
The price could fall to 2290, which serves as a critical level to watch. This level is significant because it could act as a short-term support. When the price reaches such a support level, it often experiences a temporary halt or bounce as traders...
Hello, Today, we focus on an in-depth analysis of the GBP/USD currency pair's price behavior, shedding light on current market conditions and offering strategic insights for traders. Currently, the GBP/USD pair is in negative territory, trading...
Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...