Analysis and trading advice for USD/JPY The test of the 155.93 level coincided with the MACD indicator starting its downward move from the zero mark, confirming a valid dollar sell-off as part of the recent downtrend seen over the past few days....
The GBPUSD currency pair is still facing downward pressure and has fallen below the 5-day moving average on the daily chart, after declining since last Wednesday when it tested the 10-day moving average resistance. It has been pushed back down below...
WTI Crude Oil: Navigating Resistance and Support The West Texas Intermediate (WTI) crude oil market was relatively flat in recent trading, with a slight move down around the $78.50 level. This area continues to act as a pivotal point as traders...
Gold continued to show bullish behavior in early trading on Thursday, but is now testing the upper end of its recent trading range. This key moment deserves close attention as a break above the $2,720 level could signal a continuation of the broader...
From my perspective, the price action shows no dominant trend, with the pair fluctuating between defined support and resistance levels. This kind of behavior is often observed in markets where traders are awaiting major economic developments or...
