•••GBP/USD: A Tight Battle in the Forex Market(December20,2024)••• The GBP/USD pair has been a focal point for traders today, as the currency battle between the British pound and the US dollar continues to unfold. With prices bouncing between key...
The value of the GBPJPY pair fluctuated greatly yesterday after the Bank of Japan (BoJ) decided not to change the benchmark interest rate from 0.25%, as in the previous meeting. This caused the Japanese Yen currency to weaken significantly. The...
Forecast of Crude Oil Up until the beginning of yesterday's New York trading session, the price of Crude Oil was trading above the moving average lines, according to the H4 time frame chart. Late last night, the price of Crude Oil began to decline....
Forecast of Silver At the beginning of the previous month, the Silver shifted from a bullish to a bearish trend. However, at that point, the Silver began to move in the range zone, and for a few trading days, those range trading activities...
Flat Wave In Forex trading, the term Flat Wave refers to a corrective wave structure within the Elliott Wave Theory. A Flat Wave occurs during a consolidation phase and is typically labeled as wave "B" within the larger corrective structure....
