The EUR/JPY H4 chart indicates the market price is in a downtrend, guided by a descending trendline. The price recently broke below the support area, driving it lower. However, it has now reclaimed the 157.90 resistance level, which could be a new...
GBP/USD: Simple Trading Tips for Beginner Traders December 4 - Analysis of yesterday's forex trades Trading analysis and recommendations for trading the British pound A test of the 1.2659 level occurred when the MACD indicator started to move...
West Texas Intermediate (WTI) crude oil prices faced significant selling pressure on Monday, dropping to a nearly three-week low of around mid-$67.70s during the first half of the European trading session. This decline comes as market dynamics shift...
Gold Technical Analysis One-day Chart: If we look at the price of gold, the market price is going down in a day. Earlier, if we look at it structurally, it was in a bearish trend. Still, the market created a resistance level, and after creating...
The Cable is under significant pressure as the US Dollar continues to outperform in recent weeks. The US Dollar Index (DXY), which measures the strength of the greenback against six major currencies, has surged to near 106.40, marking a notable...
