Gold Market Update: Bullish Start to the Week The Gold market opened this Monday with a notable bullish gap, signalling strong buyer interest at the beginning of the week. After last week’s significant sell-off, which saw prices plummet from the...
Today, I observed an attempt by USD/JPY to trade below the support zone, which is defined by the EMA50 at 150.20 and the EMA20, which has risen to 150.10. However, I noticed that the pair failed to sustain its position below this zone, and I am...
GBPUSD Technical Analysis GBPUSD is trading at 1.2681 on the H1 timeframe, maintaining a strong bullish trend. The price has recently surged above the 150-period moving average (MA), confirming buying momentum. The sustained move above this level...
Crude Oil Technical Analysis The crude oil market price was a downtrend, and the market structure supported the decline. However, the structure has been broken, and prices have moved upwards. Currently, the market is re-establishing the structural...
Current Market Overview Crude oil prices are currently stable but face the potential for further declines. During European trading on Friday, global oil prices dropped, reaching their lowest level in 11 weeks. This decline marks the largest monthly...