Technical analysis of EURUSD Today I will start technical analysis on EUR/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance and above support. If the...
AUD / JPY: An Hourly Time Frame Recommendation The bulls of AUDJPY were losing their value last week as the price dropped to the 97.68 level, indicating a temporary weakness in the market. This movement reflected a lack of strong upward momentum...
•••Crude Oil Market Update – January 7, 2025: A Day of Uncertainty••• • Crude oil prices have hit a bit of a bump in the road today, with West Texas Intermediate (WTI) trading at around $73.46 per barrel. After a few solid days of gains, the market...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis; the market price is between 1.2610 resistance and 1.2512 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
GBP/USD Today, GBP/USD is hovering around 1.2630, showing some consolidation near the 1.2650 resistance level. From what I’m seeing, the pair is holding above the 50-day moving average at 1.2585, which suggests there’s still some bullish momentum...
