Crude Oil Technical Analysis The USOIL H4 chart reflects a clear bearish trend as prices have been steadily declining since mid-February, staying below the key moving averages, which are sloping downward and acting as dynamic resistance levels. This...
Forecast of Gold Looking at Gold's H4 time frame chart, we can see that the price flew around the moving average lines and had been moving in a range for the previous several trading days. The price of Gold finally dropped sharply a few hours ago,...
GBP/CAD Greetings and Good Morning, guys! The market of GBP/CAD crossed the 1.8551 zone yesterday, showing that the bullish scenario can help the buyers remain more. This breakout indicates strong buying pressure, suggesting that the uptrend may...
The British pound (GBP) maintained a relatively stable position against the US dollar (USD) on Monday, trading around the 1.2915 mark, with a slight uptick of 0.04%. This period of consolidation occurred amidst a quiet economic data landscape, with...
GBP/USD Technical Analysis and Forecast Hourly Chart: The GBP/USD market is trading at 1.28803 and is neutral to slightly bearish. On the H1 chart, the key resistance level is 1.29300, and the support level is 1.28500. The GBP/USD market trades...
