Forecast of Crude Oil Crude Oil's H1 time frame chart shows that it tested the resistance level of 69.35 a few hours ago before beginning to decline since the price was overbought at this level. Due to the severity of the Crude Oil price decline,...
Trend line Chart Pattern The trendline chart pattern is a crucial concept in technical analysis, often used by traders and investors to understand price movements and predict potential future trends. Here's a breakdown of the key aspects: What is a...
Good morning Investsocial friends. How were the trading results at the beginning of last week? Indeed, there were not many high-impact economic data reports so that market liquidity tended to appear sluggish. Only a few trading instruments that...
Forecast of Gold The price of Gold has been steadily rising since the beginning of the previous trading day because it crossed the 26 and 50 EMA lines to the upside early yesterday morning on the H1 time frame chart. However, the Gold also crossed...
GBP / USD: An hourly time frame Recommendation Yesterday, the bear pressure continued in the market of GBP/USD throughout the entire day, with the sellers maintaining control and pushing the price lower. Based on the current trend, I recommend a...
