GBPUSD Technical Analysis A warm, good morning to everyone! I hope you’re all doing well and having a productive start to the week. How was your first day of trading? Yesterday’s market movements were quite remarkable. Despite it being just Monday,...
Forecast of USDJPY The price drifted along the moving average lines on the daily time frame chart for the last few trading days, and trading activity was inside the range zone. The USDJPY even breached the range zone's support level and crossed the...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
Today, I saw sellers of the risky asset unexpectedly seize the initiative. I noticed how they confidently lowered the instrument's quote below the support level and resistance around 1.04574. I believe this area deserves close attention, dear...
USD/JPY Daily Time Chart Analysis The USD/JPY pair posted a small decline today, moving away from the key 158 level. The dollar performed poorly in the first full trading session of the new year, but yen bulls were looking to recoup some of the...