EURUSD Technical Analysis EURUSD is currently trading around 1.04910, showing a strong bullish momentum on the H1 timeframe after breaking key resistance. The 150-period moving average is acting as support, while the RSI has reached overbought...
Crude Oil Technical and Fundamental Analysis Technical Analysis: I have chosen the 1-hour chart to analyze the price action of Crude Oil. Several indicators were used in this analysis, which I will explain in detail before discussing the market...
I often find myself reflecting on the nature of the market, especially during periods of inactivity. I think it’s interesting how, when nothing significant happens, we tend to overanalyze and search for reasons behind the lack of movement. I believe...
Currency pair GBPUSD - consider the chart of the H4 period. This week began with some growth that died down. And the pound got stuck in place. The euro dollar gave a downward correction, and the pound could not yet. And at the beginning last week on...
Governor Kazuo Ueda stated that the timing of adjusting monetary support would depend on economic, price, and financial developments. However, his remarks did not provide any clear indication regarding the timing of a potential rate hike, which...
