Forecast of Crude Oil In my most recent technical analysis of Crude Oil, I highlighted the key price levels on the daily time frame chart over two days ago, and the price is still trading in that region. Crude oil tested the 50 EMA line during the...
The EUR/GBP exchange rate weakened to around 0.8285 during Wednesday's early European trading session. This decline in the euro's value against the pound was primarily driven by stronger-than-anticipated inflation data from the UK. The UK Consumer...
In the GBPJPY pair, I observe that buyers have started to show some activity, but I believe it is too early to conclude that this signals the beginning of full-fledged growth. Therefore, I think considering options for opening buy positions at this...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Good day to everyone in the forum. Now let's talk about today's chart prepared in this time frame. GBP/USD’s market is now fluctuating around 1.3668. The GBP/USD pair is currently trading downward....
The GBP/JPY currency pair has continued its decline for a second consecutive day, trading around the 189.30 level during Thursday's Asian trading session. Analysis of the daily chart reveals that the pair remains within a descending channel pattern,...