The image provided is a technical analysis chart of the EUR/USD currency pair on a daily timeframe. It offers a detailed visualization of the price movements, trendlines, and key indicators that traders use to make informed trading decisions. Let’s...
CL Analysis Oil's price begins to form the day's peak as it falls from the blue channel line, as shown on the chart. As of today, the price of oil is trading within price channels, one of which is bullish, reflecting yesterday's price movement, and...
Technical Analysis and Market Insights for AUD/USD Current Market Overview: The AUD/USD currency pair is currently trading below its 20, 100, and 200-day simple moving averages (SMA), which confirms predominantly bearish sentiment. The daily...
Bitcoin Possible Short Position: In the daily timeframe, the currency pair is showing a consistent pattern of lower peaks and valleys. Yesterday, the market opened at the 64695.46 level, reaching a high of 65612.63 and a low of 62054.80 during the...
NZD/JPY H_1 Hello everyone! Today, we will consider the prospects of the NZD/JPY currency pair based on technical analysis. We will pay special attention to resistance and support levels, volume and basement indicators. Let’s look at the chart: The...