•••XAU/USD Analysis – November 1, 2024••• As we assess the current landscape of XAU/USD, gold prices have recently shown a notable recovery, trading at approximately $2,758 per ounce. After hitting lows near $2,720 earlier this week, gold has...
•••Crude Oil Market Update: November 1, 2024••• Today, WTI Crude Oil (CLZ24) prices are climbing, currently trading in the $70 to $71 range. This shift reflects a complex mix of geopolitical and supply-driven factors that influence global crude...
Price Action Overview The EUR/USD has experienced significant fluctuations, achieving a two-week peak around 1.0900 before retreating. This high aligns with the 20-day Exponential Moving Average (EMA), often viewed as a resistance indicator. The...
Forecast of Crude Oil Yesterday, I took a quick look at the H4 time frame chart and saw that Crude Oil had shifted upward past the moving average lines, but it has since begun to move in the range zone. I glanced at the H4 time frame chart yesterday...
The breakdown of the M15 timeframe for USD/JPY will occur if the price breaks below the level of 152.25. This could lead to a continued decline, pushing the pair down toward the lows while maintaining a bearish stance on the H1 timeframe. This move...
