Forecast of Crude Oil The price of Crude Oil has been declining on the H1 time frame chart for the past several trading hours. This decline began when Crude Oil tested the 50 EMA line during its price correction, and as a result, it is now stronger....
The USD/CAD pair is currently trading around the 1.39586 level, reflecting a bearish trend. This downward movement suggests that sellers are dominating the market, pushing the price lower. However, the pace of the market appears to be slow at the...
PAIR REVIEW EURGBP For the EUR/GBP currency pair, it is appropriate to consider the senior daily period of this pair at the moment. The wave structure is building its order downwards. The MACD indicator is decreasing in the lower sales zone and...
The currency pair is struggling to maintain any upward momentum after its modest recovery from the previous day. During the Asian trading session on Wednesday, the pair encountered fresh selling pressure, with spot prices hovering around the 1.2710...
Forecast of GBPUSD The GBPUSD price tested to the oversold level on many technical indicators, indicating that it was oversold on the H1 and H4 time frame charts. The GBPUSD conducted range activities in a tight range zone for the price adjustment,...