On Wednesday, U.S. benchmark West Texas Intermediate (WTI) crude oil traded around $68.65. While the price remained relatively stable, several factors influenced the market's dynamics. Firstly, a ceasefire agreement between Israel and Hezbollah,...
The GBP/USD currency pair came under pressure as the US dollar strengthened following the release of the latest US inflation data. The report indicated a persistent challenge in lowering inflation, prompting concerns that the Federal Reserve may...
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows. This pattern appears in a downtrend and is a combination of one...
AUD/USD ANALYSIS D1 Period Chart The week has passed the middle and let's look again at the D1 period chart - the AUDUSD currency pair. This week we are still moving sideways, and during the last week the movements are in different directions, the...
Forecast of Silver On the lower time frame charts, the price of Silver is progressively declining by following the moving average lines. This is the reason why the price of Silver reached nearly an oversold level on the H1 and H4 time frame charts....
