West Texas Intermediate (WTI) crude oil prices continued their upward trend in early Asian trading on Wednesday, hovering around $71.70. The primary driver behind this price increase is growing concern over potential supply disruptions stemming from...
Forecast of Gold The Gold is currently back at its high price level because, as I noticed in the last few candles on the H4 time frame chart, purchasers drove the price upward. A close examination of the daily time frame chart will give us the...
GBP/USD Technical Analysis H-4 Chart GBP/USD is trading in a narrow range just above 1.2600 after closing slightly higher on Monday. The pair’s technical outlook shows that the bullish bias remains intact in the short term. The Relative Strength...
Gold prices (XAU/USD) staged a recovery on Monday, rebounding from earlier losses to close the North American trading session in positive territory. The precious metal climbed back towards record highs above $2,940 an ounce as the US dollar...
Forecast of Crude Oil Crude Oil stopped its bearish movement a few days ago when it crossed the moving average lines to the downside and changed the direction of the trend. The price fell sharply for two to three trading days after the trend change,...