I observe that the seller is actively controlling the market, as evidenced by the linear regression channel pointing downward on the chart. I note that the price is currently trading below the critical resistance level of 152.742, reinforcing the...
Technical analysis of the USDJPY pair The technical analysis of the pair on the 1-hour chart shows an upward price behavior after the price succeeded in breaking the price channels upwards. The price started trading within descending price channels...
After three days of declines, the price of West Texas Intermediate (WTI) oil is up slightly, trading at around $71.10 per barrel on Thursday during European trading hours. Following price increases for Asian importers by Aramco, the national oil...
Analyzing AUDCAD through Fibonacci levels on the previous trading day reveals a Fibonacci grid anchored to the Daily high of 0.90020 (100 level) and the Daily low of 0.89414 (0 level). The current price of 0.89886 is situated between the 100...
General Points about GBPJPY: The current market situation presents a challenging phase for GBPJPY buyers, as the pound is steadily losing its value. Currently, it has dropped to the 189.52 level, while sellers continue to gain momentum. A shift in...
