Crude Oil Market Analysis: Bullish Trend Confirmed With Key Technical Indicator The current crude oil price is at 78.48 as of market close. Analyzing the H4 chart, the price is currently above the 50 and 100 SMAs (Simple Moving Averages). These SMA...
EUR/JPY/D1 I anticipate that the EURJPY currency pair will exhibit growth today. Previously, the price rebounded from the support level at 167.39 and ascended. During the ascent, the price successfully surpassed a notably strong level featuring two...
NZD/USD : Currently, the NZD/USD exchange rate is at 0.6134, reflecting a bearish trend in the market. This downward movement suggests a gradual decline in the value of the New Zealand dollar relative to the US dollar. However, despite the current...
What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
Today, we will conduct an in-depth analysis of the price movements of the GBP/USD currency pair. Observations from yesterday's daily candle on Friday indicate that the price reached the lower limit of the three-line Bollinger Bands indicator. This...