The USD/JPY pair, as I expected, has rolled back from the upper limit of its current range (~156.0-158.0). I see that it has now stopped in the middle of this range, awaiting inflation data from the US. I believe this suggests that the pair will...
Forecast of Silver In the last two candles, the price of Silver closed above the 50 EMA line on the H4 time frame chart. However, the price is currently falling sharply, which is why Silver is attempting to cross the 50 EMA line to the downside. The...
The NZD/USD currency pair extended its winning streak for the third consecutive day, trading near the 0.5620 level during European trading hours on Wednesday. This surge in the risk-sensitive New Zealand dollar was primarily driven by a combination...
Forecast of Crude Oil The Crude Oil price is operating in range zones on the lower time frame charts (H1 and H4) because the price was overbought; therefore, the price activity in the range zone is for the price adjustment. Based on my daily time...
Forecast of Gold According to the Gold's H4 time frame chart, the price hit the overbought level last Friday according to the RSI indicator, which is why the price of the metal plummeted sharply on Monday for the price adjustment. I can see that...