Forecast of Crude Oil H4 time frame chart outlook: Since Monday of this week, the price of Crude Oil has been above the moving average lines on the H4 time frame chart. When the price of Crude Oil moved above these moving average lines, the buyers...
The GBP/USD pair is one of the most actively traded currency pairs in the forex market, offering ample opportunities for traders to capitalize on its movements. In this article, we will delve into a trading strategy on the M5 (5-minute) timeframe,...
The value of the Canadian dollar relative to the US dollar is the focus of our analysis. Examining the USD/CAD currency pair's movements over a daily time frame period, we notice a likely bearish correction after the pair nearly reached the...
GBPUSD ANALYSIS The trend direction in the GBPUSD pair is still in a bullish condition and has only weakened slightly despite an impulsive decline. Resistance (R1) 1.2790 as strong resistance does not appear to have been validly passed by the...
GBP/JPY CURRENCY PAIR ANALYSIS Limited movement is still visible in the Asian session in Wednesday evening trading with prices currently testing around the 200.08 area which is the closest upper resistance to the opening area of the GbpJpy...