The EUR/USD H4 chart exhibits a clear long-term downtrend, as indicated by the persistent price movement below the red moving average, which acts as a dynamic resistance. The market has been making lower highs and lower lows since early September,...
Forecast of Gold On the H1 time frame chart, the price of Gold was trading below the moving average lines. However, the trend direction changed when the Gold crossed the moving average lines to the upside in the final candle. The Gold's H4 time...
WTI Oil Holds Its Ground, Fearing a Collapse The hydrocarbon markets are under pressure, trying to cope with the current volatility. West Texas Intermediate (WTI) crude oil prices, which have already declined, are facing additional pressure....
EUR/JPY is trading near a significant resistance zone at 163.50. A breakout above this level could pave the way for a move toward the next resistance at 144.50. On the downside, support lies at 162.50, with further declines potentially targeting...
The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%. Australian CPI expected to ease to 2.5% Investors are keeping a closer eye on the third-quarter inflation report,...
