The chart illustrates the GBP/USD currency pair on an hourly timeframe, incorporating essential technical indicators such as Bollinger Bands, Standard Deviation, and the Average True Range (ATR). These tools allow for a precise evaluation of market...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis; the market price is between 1.0286 resistance and 1.0220 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Gold made a big move on Friday when it broke above a key short-term trend line to hit an intraday high of 2,698 – a new high for the current trend. This advance marks the completion of the 78.6% Fibonacci retracement at 2,695, slightly above the...
Technical analysis of Crude oil Choose crude oil for technical analysis today, The price of crude oil is rising rapidly. The trendline that helped its price fall for several days has now been broken. The market price coincides fairly well with the...
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US showed that Nonfarm Payrolls rose by 256,000 in December, fuelling a US Dollar rally and weighing on the pair The Relative...