GBP/USD Technical Analysis On the 4-hour timeframe, GBP/USD is currently in a strong bearish sell structure. The pair is trading well below the 200-day Simple Moving Average (SMA), which suggests that the market is definitely in a bearish trend. The...
Forecast of Crude Oil I saw yesterday that Crude Oil crossed the moving average lines to the downside on the H1 time frame chart. The price even dipped for a few trading hours after the crossover, but it then returned to its previous level of...
Crude Oil Technical Analysis Crude oil prices are increasing in the 1-hour time frame, supported by an uptrending market structure. The market recently made a new high at $80.77, acting as a strong resistance level. The price is currently in a...
Forecast of USDCHF By crossing the moving average lines to the downside two days ago, the USDCHF shifted the trend direction on the H4 time frame chart. However, as can be seen by looking at the H4 time frame chart, it then began to move along the...
EU has to adjust to soaring gas prices Europe has to deal with a grueling challenge. In early January, gas prices in the EU are still skyrocketing. Natural gas prices in the EU remain elevated, standing at $500 per 1,000 cubic meters, which is 50%...