Forecast of Crude Oil On the H4 time frame chart, the price of Crude Oil is on a downward trajectory, but I saw bullish activity throughout the London trading session, and Crude Oil produced an enormous bullish candle. However, I witnessed the price...
NZD/USD As of today, NZD/USD is showing a modest upward move, currently trading around 0.56560. This comes after a recent low of 0.55425 on January 13. The pair is maintaining short-term bullish momentum, but I’m keeping an eye on key technical and...
Forecast of USDCAD Although the price of the USDCAD has been fluctuating between range zones on the H4 time frame chart, it has recently been trading below the 26 and 50 EMA lines. At this point, the USDCAD is attempting to move above the moving...
European Central Bank (ECB) policymakers have expressed concerns over the Eurozone’s slowing economic growth, intensifying speculation about an impending rate cut. However, uncertainty looms over the magnitude of the potential reduction, as market...
Forecast of NZDUSD The NZDUSD's daily time frame chart indicates that, overall, it began to climb upward during the past week, although there was less bullish trading activity because there was less buying impetus. However, on Monday of this week,...