The chart illustrates the hourly (H1) price movements of crude oil (CL) over a period spanning from March 6 to April 10, revealing a mix of consolidation and a gradual downtrend. The initial price action shows a narrow range, opening at 61.52,...
The EUR/USD H1 chart shows a clear bullish trend that began gaining momentum around April 9th after a period of consolidation. Throughout the last days of March and the first week of April, the pair was trading sideways in a relatively narrow range,...
The GBP/USD pair has seen a partial retreat from fresh monthly highs near 1.3150, yet it remains underpinned by the broader weakness in the US Dollar. The greenback is facing sustained selling pressure amid escalating trade tensions with China,...
The USD/JPY pair extended its bearish momentum into Friday, retreating towards the 142.00 mark—a key psychological level and a zone last tested in late September 2024. This sustained yen strength is largely attributed to rising geopolitical tensions...
EUR/USD Market Analysis and Prediction The EUR/USD market is still in an uptrend. Recently, the market has displayed strong upward movement, and even with some declines from today’s peak, the forecast remains optimistic. Currently, the EUR/USD is...