Crude oil prices, particularly WTI, experienced a slight rebound on Thursday, primarily driven by an unexpected decrease in US crude oil inventories reported by the American Petroleum Institute (API). However, the overall trend remains bearish,...
Technical Analysis GBP/USD H-4 chart Current price: 1.274 The pair is trading below both moving average levels (MA50 and MA200), indicating a bearish trend in both the short and long term. Moving Average: MA50: Since the price is below this line,...
M-1 Chart Technical Outlook EUR/USD EURUSD failed to sustain its momentum and after touching a high of 1.0627, prices fell against the USD in the US trading session today. Prices are close to channel resistance in the 15-minute time frame. We...
Technical analysis AUD/USD D-1 Currency pair AUDUSD - Chart D1. The wave structure forms a downward trend. The MACD indicator drops into the lower sales zone and below its signal line. Before and after the US presidential election, there were quite...
GBP-JPY H1 TIME FRAME Currently, what is seen through the 1-hour timeframe for the GBPJPY currency pair is the tendency for prices to move bullish. This is quite clearly observed through the change in trend direction where trading is above the 50...