T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Today, let's talk about the chart prepared in this time frame. Our objective today is to estimate future movements in the price of Crude oil. Crude oil is trading at 77.98 at the time of writing....
The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...
The USD/JPY pair experienced a decline during the European trading session, falling to a new low near 157.20. This downward movement was primarily attributed to hawkish remarks from Bank of Japan (BOJ) Governor Kazuo Ueda, which reinforced...
The US dollar has been strengthening after the NFP data report and positive US unemployment rate. The gold price, which almost reached the psychological level of $2,700, has fallen to $2,656. However, it is still far from the $2,600 psychological...