Oil Technical Analysis Chart Overview: The chart uses Japanese candlesticks. The timeframe used is 1 hour. Key Support and Resistance Levels: Resistance: There is a clear resistance level around 97.18. This level has previously acted as resistance....
Silver Market Analysis (D1 Timeframe) Silver on the daily timeframe is currently showing strong bearish pressure after a clear rejection from higher levels. The market previously attempted to push upward, forming a temporary bullish structure, but...
GBP/USD Price Forecast: Technical outlook GBP/USD falls to 1.3400 as rising US yields and firmer energy prices support the Greenback. UK business activity slows sharply, with input prices hitting highest levels since the 1992 Sterling crisis....
post Analysis of EUR/JPY The EURJPY currency pair is currently trading at 184.183, and the market is showing a clear uptrend. This suggests that buyers remain in control and the overall market sentiment is still positive. In an uptrend, the price...
Technical analysis of EURUSD EUR/USD is currently trading within a well-defined descending channel, indicating that the overall market structure remains bearish on the 1-hour timeframe. Price action continues to respect the channel boundaries,...
