I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
Silver Price Dynamics The present discussion pertains to the analysis of Silver's price behavior. The long-term trend for Silver remains upward, but a correction is underway, with the price testing the support level at 29.12. If there is a reversal...
Gold (XAU/USD) traders are closely monitoring the critical resistance level of 2300. A break above this threshold could signal the continuation of the bearish trend, opening up opportunities for new gains. Traders, anticipating this breakout, may...
Crude Oil Price Signals The Crude Oil price behavior analysis is a matter for discussion. By the end of the trading week, WTI futures quotes had secured a position above the upper limit of the descending daily channel. However, this position is only...
USD/JPY ANALYSIS. I'm presently evaluating the powerful valuing conduct of the USD/JPY money pair. USDJPY on the H4 graph is ready to proceed with its vertical direction. The cost stays over the upper limit of the Ichimoku Cloud pointer,...