Crude Oil Technical and Fundamental Analysis Crude oil prices are in a downtrend and are supported by a bearish market structure. However, this structure was recently broken on the 1-hour time frame, signaling a shift to the uptrend. The price is...
The EUR/JPY currency pair experienced a pullback on Wednesday, trading around the 159.00 level in the Asian session, after gains in the previous session. This decline is primarily attributed to the strengthening of the Japanese yen, fueled by...
USDJPY Daily Time Chart Analysis The USD/JPY currency pair is currently experiencing a sharp decline. The long-term uptrend line and key support level are located below 153.65. This decline is confirmed by weak signals from key technical...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is currently positioned between the 0.9107 resistance level and the 0.9007 support level. We will find the next support at 0.8912 as the market price breaks...
#NZD/USD If we look only at the technical data, then after yesterday's fall to determine the support level of 0.5508, we could expect a short-term sideways movement, but it was not there, as the prices after rebounding from the support rose,...