Forecast of Crude Oil Although the H1 time frame chart already shows a bearish primary trend for Crude Oil, I kept an eye on the final candle's significant bearish movement as the price fell sharply and Crude Oil formed a powerful bearish candle. On...
USD/ JPY Price Analysis The analysis of the current price behavior of the USD/ JPY currency pair is what we will talk about. It is not surprising that the quote reacts well to the resistance level of 156.40 since in fact, the previous minimum of...
Gold Technical Analysis Gold is showing a mixed trend in the 30-minute time frame. The price is moving down, supported by a sell structure, but indicators and trends show conflicting signals. The RSI indicator is currently at 70, indicating an...
USD/JPY Forecast for January 20, 2025 Current Market Overview The USD/JPY currency pair has recently shown signs of volatility, bouncing off the MACD line after experiencing two consecutive days of decline. This movement suggests a potential...
I noticed the price initially tried to move downward. I observed that in the middle of the week, buyers took the initiative and drove the price to a new high, updating the previous maximum. I saw that the price continued to consolidate at the top,...
