The NZD/USD currency pair has been demonstrating a bullish trend since the beginning of the day, while still maintaining a presence within a descending channel on the H4 (four-hour) chart. This indicates that, despite the overall upward movement,...
Technical analysis of EURGBP Today we will be doing a technical analysis of EUR/GBP. The broader market has also broken support, which is now set as resistance, which will be the next level of support for the market. Market interest is waning. Maybe...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
As of today, the forex analysis for GBPCHF on the H4 (4-hour) timeframe indicates a bearish trend. Currently, the price is positioned below the 30-period Exponential Moving Average (EMA), which suggests that the market sentiment is leaning towards...
The chart provided is a 15-minute candlestick chart of the Silver/U.S. Dollar (XAGUSD) pair, showing price movements over a short-term period. This type of chart is commonly used in forex and commodity trading to analyze price trends, identify...