EUR/USD H4 Timeframe: Based on the EUR/USD chart on the H4 timeframe shown, the current price movement shows a fairly clear intermediate correction phase after previously forming a solid upward trend. The main focus of this technical analysis refers...
Riding the Waves: Gold Prices The Gold price action will be the subject of our analysis and discussion. Precious metals currently show a decline below the average line of the Bollinger Bands, signaling a potential downtrend. Gold is trading at...
USD/ JPY Technical Analysis: USD/JPY is currently below a clear resistance level and moving towards a clear support level, creating a technical situation favoring the sellers. This situation reflects seller dominance in the market, as they are...
EURUSD Price Movement Analysis: I analyzed the EUR/USD price movement in real time. Today, a small bullish candlestick closed after breaking through a bearish pin-bar reversal pattern. However, the daily chart's resistance zone has held for nine...
The USD/CAD pair is currently trading on the 30-minute timeframe at 1.39006, slightly above the upper Bollinger Band resistance level at 1.38991 and well above the midline at 1.38913. This position reflects a market that has reached overbought...