The EUR/USD exchange rate experienced a setback on Friday, closing near 1.0285 after a 0.20% decline. Repeated attempts to surpass the 20-day Simple Moving Average (SMA) proved unsuccessful, indicating persistent resistance to short-term recovery...
Currency pair EURUSD - chart D1. The wave structure here is still building its order downwards. The MACD indicator is in the lower sales zone, but already above its signal line. It is clear how in December the price tried to rise, but the horizontal...
Oil on the H1 timeframe exhibits dynamic price movements, reflecting a balance between bullish and bearish forces. Over the observed period, the market has demonstrated periods of trending behavior interspersed with consolidation phases, making it a...
EURUSD EUR/USD Outlook: As of January 18, 2025, the EUR/USD pair remains under pressure, with the U.S. dollar continuing to assert dominance. Here's an overview of the key factors shaping the currency pair's movement: Fundamental Analysis: 1. U.S....
Forecast of Crude Oil The price of Crude Oil hit the overbought level this week on Thursday, which is why I saw bearish action on Thursday and Friday of this week in two distinct bearish waves. The price dropped below the 26 EMA line before the...
