Hello. For the Euro, buyers were not allowed to consolidate above the 1.05 level, and in general, sellers can try to move the price further down along the older downward trend. The first target for the development of the fall is the 1.04238 level,...
EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
GBPUSD Technical Analysis A warm, good morning to everyone! I hope you’re all doing well and having a productive start to the week. How was your first day of trading? Yesterday’s market movements were quite remarkable. Despite it being just Monday,...
GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...
