Today, I saw sellers of the risky asset unexpectedly seize the initiative. I noticed how they confidently lowered the instrument's quote below the support level and resistance around 1.04574. I believe this area deserves close attention, dear...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
Currency pair EURUSD - let’s look at the daily period of the chart again. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone, but is about to move upwards. This suggests...
EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
Forecast of USDJPY The price drifted along the moving average lines on the daily time frame chart for the last few trading days, and trading activity was inside the range zone. The USDJPY even breached the range zone's support level and crossed the...