GBP/ USD: The Language of Price Movements The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. Yesterday, the daily chart indicated a strong sell signal for the GBP/USD currency pair, showing a...
Gold continued to decline during the last week of trading, reaching another local low. Initially, the price attempted to move higher, breaking the upper limit of the range at 2358, but it failed to hold. The price then turned sharply downward,...
Crude Oil Price Signals The Crude Oil price behavior analysis is a matter for discussion. By the end of the trading week, WTI futures quotes had secured a position above the upper limit of the descending daily channel. However, this position is only...
The price of oil, particularly West Texas Intermediate (WTI), has been fluctuating recently, influenced by several factors. A significant contributor to the rise in WTI prices is speculation about a possible interest rate cut by the Federal Reserve...
The USD/JPY currency pair has several important resistance and support levels that traders should closely watch. Currently, the high resistance level is 157.13, with another significant resistance at 155.76. These levels have proven to be strong...