Forecast of EURUSD The EURUSD changed from a positive to a negative trend direction on the daily time frame chart on October 3rd when it passed the 50 EMA line to the downside. After a test of the price level of 1.0495 last Thursday, the EURUSD...
USD-JPY PAIR REVIEW Currently, USD/JPY is in a consolidation phase after experiencing a significant pullback from the highest level around 156.54. This level seems to function as strong resistance, considering that the price has tried to break...
Crude Oil Fundamental Analysis Crude oil prices are climbing, supported by both geopolitical risks and tight supply dynamics. The U.S. approval for Ukraine’s use of long-range missiles has fueled concerns over escalating conflicts, which could...
Silent Points of GBPAUD: Today is Monday, and typically, no significant news events are released on this day. As a result, GBPAUD participants must rely on technical analysis to guide their trading decisions. With no immediate fundamental drivers,...
Forecast of Crude Oil In the most recent candle on the H1 time frame chart, Crude Oil crossed the 26 EMA line to the upside. In the current candle, it is attempting to cross the 50 EMA line to the upside, and it will undoubtedly do so with ease...