Hello. For the Euro, buyers were not allowed to consolidate above the 1.05 level, and in general, sellers can try to move the price further down along the older downward trend. The first target for the development of the fall is the 1.04238 level,...
Forecast of USDJPY The price drifted along the moving average lines on the daily time frame chart for the last few trading days, and trading activity was inside the range zone. The USDJPY even breached the range zone's support level and crossed the...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
Forecast of Gold On the H1 time frame chart, the price of Gold was trading below the moving average lines. However, the trend direction changed when the Gold crossed the moving average lines to the upside in the final candle. The Gold's H4 time...
EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
