Weekly Technical Analysis of WTI Crude Oil The West Texas Intermediate (WTI) crude oil market saw an initial recovery during the trading week, but the momentum waned and the market found itself in a state of hesitation. There is currently no...
USD/CAD Forum Analysis, Forecast August 31, 2024 This morning's technical data, I will monitor market movements on a smaller chart using the H4 timeframe. It is very clear that this week the candlestick is still moving below the Simple Moving...
The EUR/USD 4-hour chart presents a notable bullish trend, especially from mid-July to early August, where the pair experienced a strong upward movement from the 1.08000 level to the 1.12000 level. However, this upward momentum has recently faced...
GBP-USD H1 ANALYSIS CHART The currency is inside the impulsive candle's range when viewed globally. The strength of the bearish sentiment is indicated by the moving average indicator. Until the indicator gives a reverse signal, there is only a...
The price of gold experienced a decline of over 0.90% on Friday, falling below $2,500 for the second time this week. This decrease followed the release of the U.S. Commerce Department's report on the core personal consumption expenditures (PCE)...