Currency pair EURUSD - let’s look at the daily period of the chart again. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone, but is about to move upwards. This suggests...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
Today, I saw sellers of the risky asset unexpectedly seize the initiative. I noticed how they confidently lowered the instrument's quote below the support level and resistance around 1.04574. I believe this area deserves close attention, dear...
USD/JPY Daily Time Chart Analysis The USD/JPY pair posted a small decline today, moving away from the key 158 level. The dollar performed poorly in the first full trading session of the new year, but yen bulls were looking to recoup some of the...
A Deep Dive into Gold Prices The Gold pair's price action analysis will be our focus point in this discussion. Gold’s H4 chart is displaying a strong bullish trend within an ascending channel, with prices respecting both the upper and lower...