Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
The GBP/AUD currency pair is demonstrating a potential for upward movement, contingent upon its ability to remain above the pivotal support level at 1.9921. This level acts as a crucial threshold, determining whether bullish sentiment can persist or...
GBP-AUD PAIR FORECAST Currently, the nearest support at the level of 1.98988 is the main reference in determining the potential for price movement. If this level is broken, then a deeper decline has the potential to test the next support area at...
Currently, on the daily chart for #GBP/USD, I observe a mixed technical picture that requires careful analysis. The MA100 is moving almost parallel to the horizontal axis, indicating a flat market mood over the past week. This suggests a lack of...
The AUD/USD currency pair experienced a notable decline, settling around the 0.6330 mark, as traders braced for the release of Australia's January Consumer Price Index (CPI) data. This anticipation comes against the backdrop of the Reserve Bank of...
