EUR/USD Technical Analysis – Bearish Trend Continues Despite Recovery Attempts EUR/USD is currently trading at 1.14107, and the pair remains in a downtrend, indicating that bearish momentum continues to dominate the market. Although the pair has...
As a professional forex technical analyst, here is my structured assessment of the EURUSD H4 chart you provided. 1. Primary Trend Market Structure · Trend: Neutral to Bearish on the H4 timeframe. Price is currently oscillating below a key...
Technical Analysis of Oil 1. Chart Description: The chart shows the price movement of crude oil (#CL) using Japanese candlesticks on a one-hour (H1) timeframe. The chart includes daily pivot points (Daily Pivot, R1, R2, R3 - resistance, and S1 -...
Silver Daily Forecast The global commodity markets are witnessing a crucial juncture for Silver (XAG/USD) as it attempts to stabilize during the opening of Tuesday’s European trading session. After testing the waters near its intra-day lows around...
USDJPY 24-Hour Analysis: To evaluate the impending changes in the USD/JPY market, we will examine the price chart below. The price is in the bullish channel on the hourly chart. Prices as of this morning had hit this channel's top limit. Although...