West Texas Intermediate (WTI) crude oil prices extended their rally for a third consecutive day, hovering around $75.50 per barrel during the Asian trading session on Friday. This upward trend was fueled by growing expectations of a rate cut by the...
The test of the 156.56 price level occurred when the MACD indicator had moved significantly upward from the zero mark, limiting the pair's further upward potential. For this reason, I did not buy. Since this happened towards the end of the American...
Analyzing GBP/USD Currency Pair: Technical Patterns and Potential Future Movements: In today's comprehensive analysis, we delve into the intricate price movements of the GBP/USD currency pair, examining various technical patterns and potential...
Good morning, forum friends wherever you are, and happy holidays! I hope today is enjoyable for you all. Based on what I've seen using the H1 timeframe chart, the movement of the USDJPY currency pair shows a bullish trend, with the price well above...
Forecast of Gold H4 time frame chart outlook: As the price dropped below the 26 and 50 EMA lines on the H4 time frame chart over the past few days, it was generally in a bearish trend. However, traders were avoiding this bearish trading since the...