#CL Good day for all! Daily chart. The linear regression channel is in a bearish state, showing seller strength. Preference is in the southern direction, heading towards the lower edge of channel 78.21. I am thinking of selling from the 80.00 level,...
In analyzing the NZD/USD currency pair, it's crucial to observe its recent behavior around the key resistance level situated at 0.61479. Following its approach to this resistance, the price exhibited hesitant movement towards the downside. This...
### Conclusionouble Top Pattern on GBP/USD 4-Hour Chart The formation of a double top pattern on the 4-hour chart of the GBP/USD currency pair is a notable bearish reversal signal. This pattern, often recognized as a strong indicator of trend...
USD/JPY D1 chart The first scenario involves the price consolidating above this level and then moving upward. If this scenario occurs, I will expect the price to rise towards the resistance level at 164.500. If it manages to break above this...
USDCHF H1 Greetings and Good Morning guys! The switch Frand has been grabbing this value for the last two days. It had reached around the 0.8945 zone yesterday. And the buyers are still losing value due to the negative US news data. Moreover, a key...