WTI Crude Oil Forecast: Bounces from Lows of the Day
Market participants continue to see this through the prism of consolidation as we try to understand what is happening in…
AUD/USD PRICE ANALYSIS: STRUGGLES AT THE 20-DAY EMA, DROPS BELOW 0.6700
Risk aversion has affected high-beta currencies such as the Australian dollar. Global central banks, which raised interest rates and looked…
SILVER PRICE ANALYSIS: XAG/USD BOUNCED AT THE 20-DMA, RECLAIMS $23.00 ON RISK AVERSION
Silver price rebounds and remains on the rise despite the rise in the US dollar. In the near term, XAG/USD…
WTI Crude Oil Forecast: Continues to Break Down
Remember that Thursday is Thanksgiving in the US, which makes for huge volume. , West Texas Intermediate crude traded lower…
ETH/USD Forecast: Continues to Drift Along the 50-Day EMA
The big money that moves the ETH/USD is not the retail sector anymore, and therefore it’s going to behave more…
DAX Forecast: DAX Continues to Look a Bit Soft
The DAX index gained a little over 15 basis points during the trading session on Thursday, but gave back quite a bit…
AUD/USD Forecast: AUD Forms an Inverted Hammer
The Australian dollar rallied a bit during the trading session on Thursday as we continue to see a lot of…
AUD/USD Forecast: Aussie Reaches Near 200-Day EMA
The AUD/USD currency pair rallied a bit Friday as we continue to climb ever so slightly. This is an interesting candlestick and…
GBP/USD Forecast: British Pound Continues to Look Lost
The GBP/USD currency pair has been all over the place during the trading session on Thursday, as the Bank of England raised…