USD/JPY Analysis: Will the Market Reverse or Continue Its Downtrend? Current Market Overview The current hourly chart of USD/JPY reveals a clear bearish trend. The price has been consistently declining and is currently at 149.247. This downward...
US West Texas Intermediate (WTI) crude oil prices experienced an upward trend on Monday, despite the absence of significant news during the US trading session. The increase occurred amidst thin trading volumes, as US markets were largely closed for...
GBPUSD Technical Analysis and Market Outlook The GBPUSD pair closed yesterday’s trading session at 1.26315, reflecting a cautious market sentiment amid mixed economic data and global macroeconomic developments. As we look ahead to Monday’s market...
Current State and Analysis of the Gold Market Bullish Trend and Higher Highs The gold market currently exhibits a robust bullish trend, particularly visible on the H1 chart. The formation of higher highs and higher lows indicates a sustained bullish...
Technical analysis of Crude oil Crude oil was selected for today's technical analysis, and crude oil prices fell rapidly. The trendline that helped its price fall for several days has now been broken. The market price fits the position line very...