The GBP/USD currency pair, representing the British Pound against the US Dollar, is currently trading at 1.2669. The trend has been bearish, suggesting that the Pound has been weakening against the Dollar. While the market has been moving slowly,...
Hello all, Gold traded within a narrow range on Wednesday, reaching a peak of $2,335 and dipping to $2,324. Initially breaching the potential decline threshold, the price swiftly retreated back into consolidation. It briefly crossed above the 20-day...
Silver: Key Patterns and Signals The current analysis of the Silver price behaviour is open to debate. On the daily chart, the price remains within the ascending channel. After reaching this channel's lower limit, the price reversed and started to...
A bearish week for the brace, as the price began trading within the price triangle that was formed as a result of the confluence of the bearish red channel,whichrepresentsthe price movement during the former week only.The blue upward channel...
Crude Oil Price Action The discussion is currently analysing the Crude Oil price behaviour. The lower boundary of the Ichimoku cloud serves as a strong support, while the upper boundary acts as a strong resistance. When the price enters the cloud,...