The USD/JPY 4-hour chart displays a notable downtrend as the pair currently trades around the 141.459 level. After peaking near the 156.000 level in July, the price has been steadily declining, breaking through multiple support levels that were...
GBPUSD If we consider the H1 timeframe for the GBP/USD currency pair, then the figure that has been forming in recent days catches the eye. Apparently, this is an expanding formation with stops being taken out on both sides, and, most likely, a...
#BITCOIN ANALYSIS The Bitcoin trading instrument is the D1 period chart. The wave structure on this period, although mostly lateral, still has a downward slope, the MACD indicator is falling in the lower sales zone and below its signal line. It is...
Analysis on the USD/CAD pair September 11, 2024 H4 HOUR The movement on the H4 timeframe as seen that the market structure that is currently formed is still in a fairly stable bullish trend, even in the previous week's trading, buyers were still...
Oil prices to average $60 bbl in 2025, Citi predicts The global hydrocarbon market is bewildered. Currency strategists at Citi Research warn that Brent crude oil prices could drop to $60 per barrel by 2025 due to a significant market surplus. Recent...