Forecast of Silver If we look at the Silver's H4 time frame chart, we can see that the price was rising gradually until the last candle, when it fell sharply. This is why the Silver formed a robust bearish engulfing candle, and it tested the 26 EMA...
Forecast of Crude Oil On the H4 time frame chart, the price of Crude Oil is on a downward trajectory, but I saw bullish activity throughout the London trading session, and Crude Oil produced an enormous bullish candle. However, I witnessed the price...
Technical Analysis of Oil Technical analysis of oil on a daily chart shows the price returning to a strong support area, which is the level of retesting the broken channels. The price started trading this month within the price channels shown on...
GBP/USD Technical Analysis During the 4-hour timeframe, GBP/USD showed a clear bullish trend. The market has completed a five-wave structure, signalling it is trending upwards. This bullish momentum suggests that the pair will continue to rise in...
The Aroon Oscillator is a technical indicator used in financial trading to identify the strength and direction of a trend in a market. It is derived from the Aroon Indicator, which measures the time elapsed since the highest high or lowest low over...
