Greetings, traders! If we look at the attached chart of the EURUSD, we can see that the price is trading below the resistance level of price. Initially, it formed a compression pattern with higher lows, indicating accumulation before the breakout....
Gold Chart Review: In today's article, we will examine the current state of the gold prices. As the moving averages indicate, the gold prices are steadily moving within an ascending channel. This short - term upward trend suggests upward pressure...
EURUSD Forecast: Greetings! Today, I will analyze the EUR/USD using technical analysis. There is a strong resistance level at 1.17878 that stands between the current price of the EUR/USD and a support level at 1.15156. Market prices can break out of...
This update provides my deep dive into the CHFJPY H4 price action, where I’ve observed a clear transition from the peak bullishness seen in mid-April to a more volatile and corrective structure as we head into May. The pair reached a significant...
AUDUSD Trend Outlook: Today, we'll discuss analyzing the AUD/USD currency pair's price movements. The AUD/USD pair saw a notable strengthening of the US dollar on Friday. Hello, Igor! I hope you had a great weekend. This pair is quite challenging to...
