Yesterday's trading was bullish until the middle lines of the price channels were touched, which led to the price falling and closing again below the red channel. When we follow the price movement during the previous two weeks, we will find that the...
USD/JPY On Monday we will look at the chart of period D1 - the USDJPY currency pair. Over the past trading week, the price moved in different directions, sellers temporarily won, but overall buyers prevailed. The wave structure remained ascending,...
Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...
This year, Gold (XAU/USD) has had a fantastic meeting, reaching close to $2,450 at the beginning of May. Nevertheless, bullion has begun to recede more than 4% from its highs in the past few exchange meetings, indicating that the vertical force is...
Technical analysis of the EURUSD pair 4-hour chart It is expected that we will have a bearish trend for the pair during this week, as the price succeeded in breaking the price channels on the daily chart. On the 4-hour chart, the price begins...