Pivot points are one of the most widely used tools in forex trading for identifying potential support and resistance levels. They are calculated using the previous trading session’s high, low, and closing prices, and they provide traders with a...
DAILY CHART ANALYSIS OF EURUSD On the EURUSD daily chart, we can see the market sentiment shift from bullish to bearish. A remarkable high in the market was reached at the Fibonacci level of 100.0% -> 1.2050–1.2080. From there, the market underwent...
Silver Trend Outlook: The discussion currently revolves around the analysis of the Silver price behavior. Silver quotes have reached the descending channels lower trend line on the daily time-frame. If they break through and continue declining past...
Hello everyone. H4 CHART ANALYSIS: The EUR/USD currency pair closed below the ascending trendline on the H4 chart. This means a bearish break in the support line and it is the first sign that the bearish pressure is returning to this pair. The...
The pair is currently experiencing high volatility following the mornings$2.12 billion options expiryon Deribit. While institutional staking continues to grow, the "Macro Selloff" triggered by rising oil prices and a strengthening US Dollar has...
