The current market analysis reveals that the Parabolic SAR indicator is indicating an upward trend, while the Relative Strength Index (RSI) is showing a downward trend. This scenario presents a complex situation for traders trying to navigate the...
The AUD/USD H1 chart reflects a strong bullish trend, with the price consistently trading above the middle Bollinger Band. This suggests that buyers remain in control, pushing the price to recent highs around 0.6390. The expansion of the Bollinger...
GBP/USD has surged to its highest level in two months, trading above 1.2650 in the European session on Friday. This upward momentum is largely driven by the stronger-than-expected UK Retail Sales data for January, which showed a robust increase of...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
The USD/JPY currency pair on the H1 timeframe has shown a significant upward movement, surpassing previous levels of base supply. This indicates a stronger presence of buyers compared to sellers in the market. As a result, it is now opportune to...
