Current Crude Oil Price Trend and Analysis: The behavior of crude oil prices has shown notable fluctuations recently. After failing to breach the mirror resistance level at 80.78, oil prices began to decline. Sellers have effectively driven the...
The current gold price behavior reveals a bearish trend. Bears have exerted pressure, causing a potential rebound from the descending trend line to a high of 2448.71. If this downward movement persists, and the ascending trend line from the low of...
Moving averages (MAs) are among the most commonly used technical indicators in forex trading. They provide traders with a clearer view of price trends by smoothing out price data and making it easier to identify the direction and strength of trends....
GBP/USD Analysis: Strong Bearish Signals Indicate Further Decline The GBP/USD currency pair is my favourite trading pair because it offers me higher chances of making a good profit. Currently, the price is trading at 1.2629 levels. On the H4 chart,...
EUR/USD technical analysis The currency market is likely to be interesting today. Despite a slight pullback in the south, I see an opportunity to continue the northward movement. At the moment, I'm watching the price around 1.0740, the resistance...