#Litecoin H4 In essence the asset is steadily declining and for now is trading at support at 49.34. The moving average, which is above the price, favors the downward direction and prevents an upward move. That is, there is currently a likelihood of...
After reviewing the latest four-hour chart of Gold (XAU/USD), I believe the market is entering an interesting phase where bullish momentum is gradually rebuilding, although I would not consider the current structure a confirmed continuation of the...
EUR/USD Outlook: Range-Bound Below 1.1200 as Markets Await Policy Clarity The forecast presents a pivotal moment for traders, as the currency pair consolidates near the 1.1205 level on the daily chart. Fundamental factors continue to drive market...
This chart is not just technicals, it is directly driven by US Dollar news in the last 2 weeks. 1. Downtrend Oct 21-27 (1.1230 to 1.1100): This was the Fed hawkish phase. The Fed held rates at 3.75% to 4.00% on Oct 28 meeting, but 2 members wanted...
the USD/CAD chart on the 4-hour timeframe, I see an interesting technical situation developing. After an extended period of bearish pressure, the pair has started to show signs of a bullish recovery. However, I am not yet convinced that this move...
