I have recently observed a bearish volume on the PR indicator on the H4 chart, aligning with the resistance level of 1.2702. As soon as this level was touched, the price began to decline, confirming my bearish outlook. I also see that the basement...
Oil Daily Forecast West Texas Intermediate crude oil prices are under continued downward pressure and are below their long-term downtrend. The price is currently hovering around the $69.73 mark and is trying to gain bullish momentum. The price has...
The UK labor market data largely exceeded expectations, yet concerns over persistent wage growth continue to cast uncertainty on inflation dynamics. While unemployment claims came in lower than anticipated, the number of jobless benefit seekers...
The Canadian Dollar (CAD) is set to react to official employment data, with market expectations indicating a slowdown in hiring for December. Analysts predict job additions to decline to 25K from the previous 50.5K, while the Unemployment Rate is...
AUDUSD H4 Forecast The 4-hour chart of the AUD/USD pair indicates a strong bearish move as the price broke a key uptrend line. This indicates that the previous uptrend is losing steam and sellers are now in control. The price continues to decline,...
