GBP-JPY PAIR ANALYSIS The weakening outlook of the Japanese Yen currency for the past two days seems to have led to an upward rally for the GBPJPY pair price to reach above the psychological level of 198.00. The price increase rally that started...
The NZD/USD pair today halted the previous day's decline from a near three-week high, but is struggling to attract buyers. Traders are reluctant to open new positions and prefer to wait for the publication of the minutes of the FOMC meeting....
The Australian dollar is teetering on the edge of a major collapse, with the currency hovering near recent lows. A decisive move to a new low could set the stage for a deeper decline, potentially targeting the key psychological support level at...
Forecast of Crude Oil According to the Crude Oil H4 time frame chart, buyers used a lot of bullish force in the last candle to break through the resistance level of 76.02, but they were not as strong as the bears because the price fell sharply and...
EUR/USD Technical Analysis: When we analyze the 4-hour time frame for EUR/USD, we can observe that the market is currently in a strong downtrend. The market structure is clearly in a sell mode, with lower highs and lower lows forming, indicating a...