Forecast of EURUSD According to the EURUSD daily time frame chart, the EURUSD crossed the 50 EMA line to the upside on January 24. However, this was a trap for purchasers because the EURUSD formed a Doji candle the next day. The bears put pressure...
Technical Evaluation of EURJPY Today, we will analyze EUR/JPY from a technical perspective. How reliable are the support and resistance levels in the market? The market has broken past the support level, which is now acting as resistance; this will...
The New Zealand dollar (NZD) saw a continued decline when compared to the US dollar (USD) during the Asian trading session, maintaining a position close to the 0. 5760 mark, even after a gain of about 1% in the previous session. This downturn...
Navigating the GBP/USD Prices The GBP/USD price behaviour analysis is a matter for discussion. The GBP/USD currency pair has shown a clear bullish trend on the 4-hour timeframe, with the price consistently trading above key moving averages,...
WTI Analysis The West Texas Intermediate crude oil market has seen significant volatility over the past week, reflecting a struggle between buyers and sellers. Recent price action suggests that the bearish momentum is fading as the market struggles...