Hello, GBP/USD maintains a strong position near 1.2850 during the European trading hours on Wednesday. The US Dollar remains close to a three-month low due to concerns regarding a slowdown in US economic growth and new stimulus measures from China....
GBP/USD The GBP/USD daily chart indicates strong bullish momentum as the pair has surged above key resistance levels, hinting at further upside potential. The price has decisively broken through the 200-day moving average, signalling a shift from a...
This is a 1-hour candlestick chart for gold, likely from TradingView. Let's analyze it in detail. Key Observations: Support Resistance Levels: The red horizontal lines indicate resistance zones where price previously struggled to break above. The...
Crude Oil Technical and Fundamental Analysis Technical Analysis In the H1 timeframe, crude oil prices are trending downwards as the market structure is bearish. The price action is forming lower highs and lower lows, confirming the downtrend. Crude...
The USD/JPY pair is currently exhibiting a bearish bias, and I believe the downward momentum could persist in the near term. I observe that the buyers' vector is not developing strongly, which increases the likelihood of further declines. I expect...