Oil prices have remained under pressure this week, with Brent crude hovering just above the $80 per barrel mark, a level last seen in early June. Persistent concerns over global demand, particularly the disappointing consumption in China, have...
However, traders are waiting for the levels where the yen pairs are likely to bounce down after this upward wave. Yet, on the 4-hour chart, the pair's price is indicating a new upward target, which is the weekly resistance level of 206.64. This...
EURNZD ANALYSIS JULY 27, 2024 Good morning, Looking at the price journey in the EurNzd pair, it actually still appears that the market is trying to make a stable upward journey where previously there was an opportunity to make an Uptrend after the...
Hello, dear friends. The GBP/USD pair is currently demonstrating a downtrend on the H4 time frame. This movement is notably consistent with its interaction with the 50-period Simple Moving Average (SMA), which has been guiding the bearish sentiment....
Gold Price Action Study Our conversation today will centre on the analysis of the Gold price changes. Judging by Friday, it's good that you didn't get into gold sales. On Friday, gold quotes showed confident growth again, managing to return above...