Currently, I observe that the currency pair is exhibiting a lack of significant movement, as highlighted by the sideways trend on the H4 timeframe. This consolidation phase is clearly marked by a rectangle on the chart, indicating a period of...
As of February 19, 2025, the British Pound (GBP) is trading at approximately $1.2591 against the US Dollar (USD), maintaining its position near a two-month high. This recent strength in the pound can be attributed to several economic and...
Looking at the four-hour chart, a different picture emerges, indicating a signal for further buying opportunities. Previously, after a rebound from the lower boundary of the channel at the level of 1.0220, the EUR/USD pair transitioned into a growth...
West Texas Intermediate (WTI) crude oil prices continued their upward trend in early Asian trading on Wednesday, hovering around $71.70. The primary driver behind this price increase is growing concern over potential supply disruptions stemming from...
Good morning, colleague! Currently, my analysis of EUR/USD suggests a potential continuation of a slight decline, but the main trend remains bullish. Looking at the daily chart from an indicator-based perspective, here’s what I observe: 1. The...
