Trend lines are utilized to identify the general direction of price movement in a market. They can indicate whether a market is experiencing an uptrend, downtrend, or trading sideways. To draw a trend line, traders typically connect the lows of an...
In early Asian trading on Tuesday, West Texas Intermediate (WTI) crude oil, the U.S. benchmark, hovered around $70.95 per barrel. This slight uptick stemmed from emerging supply concerns, largely fueled by U.S. President Donald Trump's threat of...
The EUR/JPY currency pair is currently displaying a bearish outlook as long as the price remains below the key resistance level set at exactly 161.44. Market sentiment suggests that sellers are in control, pushing the price lower, with the next...
ANALYSIS OF NZD/CHF PAIR. The H1 chart of NZD/CHF reveals a market struggling with directional momentum, oscillating around key support and resistance levels while interacting with the 50-period moving average, depicted in red. The overall trend...
GBP/USD Analysis: Bullish Breakout Signals Further Gains The British Pound has shown strong momentum against the US Dollar, with GBP/USD currently trading around 1.3047, marking a 0.31% increase in the latest 4-hour session. The pair has...
