Technical analysis of Crude oil Today I choose crude oil for technical analysis; all markets are currently in an uptrend, which is helping the price to rise within the channel. Crude oil prices are currently hovering above support and resistance...
EUR/USD forecast for January 8, 2025 On Tuesday, the EUR/USD pair made a second reversal in favor of the US dollar above the 1.0405-1.0420 zone and fell to the 1.0336-1.0346 support zone. A rebound from this zone could signal a reversal in favor of...
GBP-JPY PAIR ANALYSIS The weakening outlook of the Japanese Yen currency for the past two days seems to have led to an upward rally for the GBPJPY pair price to reach above the psychological level of 198.00. The price increase rally that started...
Technical analysis of GBPNZD Today we will perform a technical analysis on GBP/NZD. The market is currently between our support and resistance levels. There is currently a bearish trend in the market. The market is now close to support at 2.2069....
Gold Market Analysis The gold market is currently in an uptrend, with prices trending upwards in the 30-minute timeframe. The general sentiment is positive and supported by key technical indicators and moving averages. The price is trading above the...
