Crude Oil Price Action The discussion is currently analysing the Crude Oil price behaviour. The lower boundary of the Ichimoku cloud serves as a strong support, while the upper boundary acts as a strong resistance. When the price enters the cloud,...
Hello all, Gold traded within a narrow range on Wednesday, reaching a peak of $2,335 and dipping to $2,324. Initially breaching the potential decline threshold, the price swiftly retreated back into consolidation. It briefly crossed above the 20-day...
Silver: Key Patterns and Signals The current analysis of the Silver price behaviour is open to debate. On the daily chart, the price remains within the ascending channel. After reaching this channel's lower limit, the price reversed and started to...
The USD/CAD currency pair, currently trading around 1.3697, is experiencing a bearish trend. Despite the recent slow market movement, several factors suggest that significant changes might be on the horizon. By analyzing the macroeconomic...
The GBP/USD currency pair, which reflects the value of the British Pound against the US Dollar, is currently trading at 1.2649. This exchange rate is crucial for forex traders, economists, and businesses involved in international trade between the...