The EUR/GBP H1 chart reflects a market that has been predominantly bearish in recent weeks, with a consistent downtrend since mid-January. The price has been following a pattern of lower highs and lower lows, which suggests continued selling...
Weekly Analysis of Market Movement In the market on Friday, sellers attempted to push prices down but faced significant challenges. The market opened at 21.3474 and remained relatively stable around this level for an extended period. Just below this...
The euro has been operating in a narrow and undecided range during early Friday sessions, since repeatedly the critical resistance at the level of 1.05. This price continues to serve as a formidable barrier, preventing the euro from obtaining...
WTI crude oil (CL) on the H1 timeframe has been in a clear downtrend since early January, consistently forming lower highs and lower lows, which reinforces strong selling pressure. Throughout this period, the price has remained in the lower half of...
Forecast of GBPUSD The GBPUSD's H4 time frame chart shows that the price has been rising over the past several trading days after the trend shifted from negative to bullish a few days ago. The accompanying diagram shows how much the price declined...