GBP-USD DAILY TIME FRAME The movement of GBPUSD is still seen consolidating after previously falling to test the psychological level of 1.2600. However, a bullish reversal pattern is starting to appear on the daily timeframe. From the fundamentals,...
Forecast of Crude Oil In the most recent candle on the H1 time frame chart, Crude Oil crossed the 26 EMA line to the upside. In the current candle, it is attempting to cross the 50 EMA line to the upside, and it will undoubtedly do so with ease...
Analyzing the AUD/USD Currency Pair The AUD/USD currency pair trades at 0.6490 from current market data. From the trend analysis view, price action depicts a robust bearish bias. This means that the price has the potential to continue with losses...
Forecast of EURUSD The EURUSD changed from a positive to a negative trend direction on the daily time frame chart on October 3rd when it passed the 50 EMA line to the downside. After a test of the price level of 1.0495 last Thursday, the EURUSD...
USD/CHF Currency Pair Movement The USD/CHF currency pair trades upwardly, just above the 0.8810 level in the Monday European session. This gain is unique because it is rising while the Swiss Franc indicates weakening. The Franc's weakness can be...
