Forecast of EURUSD Earlier, for a few trading hours, the price of EURUSD grew during the price correction, but when it tested the 50 EMA line a few hours ago, the price started to fall, following its main trend direction. On the H4 time frame chart,...
Fibonacci Projection and Price Channels Fibonacci Projection and channel analysis can be combined to create a structured approach for identifying potential reversal areas in Forex trading. Fibonacci Projection helps traders estimate possible price...
AUDUSD Technical Analysis: On Wednesday, the AUD/USD pair increases for the second day in a row, building on its significant gains from the day before. However, spot prices continue to trade below the psychological threshold of 0.71346 in the midst...
Forecast of Gold On the H1 time frame chart, the trading activities of Gold are in the range zone over the last few trading hours; however, the price is running above the moving average lines, but it seems temporary, and it seems that soon Gold will...
NZD/USD H1 Technical Analysis Summary 1. Current Market Structure The NZD/USD H1 chart shows a broader bearish structure, with price previously making lower highs and lower lows. The market declined from the 0.5800 area toward the 0.57335–0.57350...
