GBPJPY TECHNICAL ANALYSIS Good morning all! The Pound Sterling versus Japanese Yen currency pair has continued to strengthen since the start of the trading week which started the previous weekend. Currently the price has managed to reach last week's...
West Texas Intermediate (WTI) crude oil prices are currently trading around $68.75 per barrel. This upward trend is primarily driven by two key factors: potential US tariffs on oil imports and a decline in US crude oil inventories. The threat of US...
EUR/USD ANALYSIS H4 Period Chart It is already the middle of the week and let us look at the H4 chart again - the EURUSD currency pair. The week opened with a decent gap upwards and the price is hitting the resistance level of 1.0517. Last week, the...
Types of Technical Analysis in Forex Trading 1. Chart Patterns Chart patterns, such as head and shoulders, double tops, and triangles, are used to predict future price movements. These patterns highlight areas of potential reversals or continuations...
EUR/CHF is currently showing potential for a decline between 11 and 31 pips, with the pivot point positioned at 0.9305. This level plays a crucial role in determining the market’s direction. If the price remains below 0.9305, the market is likely...
