The price movement showed a downward trend, with the current decline reaching a lower point than the previous growth wave. The MACD indicator is also decreasing, staying in the lower selling zone and below its signal line. The prolonged downward...
USD/JPY More than five hundred pips gained in the USDJPY market last month. Market conditions highly support buyers, and sellers seek a shadow to survive. USDJPY is affected by the Dollar index. There is a second resistance line far away from the...
General Points of GBPUSD: You saw how the GBP/USD market moved significantly on Friday. It went above the 1.3111 level, and the bullish momentum strengthened. On the other hand, the UK's GDP and other news events have also weakened the Pound....
GBP/USD H4 MARKET ANALYSIS . If the sellers try to correct the downtrend early next week and cannot enter the 1.3047 zone, the price is likely to continue in the bullish zone for the next few days. If you look at the GBPUSD market conditions over...
Crude Oil Price Outlook The current analysis of the Crude Oil price behavior is open to debate. Oil traded above its annual low of $68.29 for three days, and while I hoped for a more robust recovery, it would have been simpler if the price had...