Forecast of GBPUSD According to the GBPUSD daily time frame chart, the price of the GBPUSD has been solely in a bearish trend for the past three months after shifting from a bullish to a bearish trend on October 7th when it crossed the moving...
Forecast of Crude Oil Crude Oil's daily time frame chart indicates that the price opened in a bullish gap last week, but that the range zone was initiated after that bullish gap. The price of Crude Oil fluctuated within that range over the first...
General Points about NZDUSD: There were no significant news events from New Zealand this week that could benefit the buyers. On the other hand, U.S. dollar news events have strongly supported the sellers, pushing the NZD/USD market to the 0.5552...
General Points about USDJPY: Currently, the USDJPY market is closed at the 157.70 level, highlighting a significant shift in momentum towards the buyers. This price level indicates that buyers are becoming increasingly strong, signaling a bullish...
The USD/JPY currency pair is one of the most actively traded in the forex market, offering traders ample opportunities due to its high liquidity and volatility. Conducting a technical analysis of this pair involves interpreting price trends,...