Current Developments in EUR/ USD Our conversation today will delve into the price action analysis of the EUR/ USD currency pair. The resistance along the upper edge of the triangle on the weekly EUR/USD chart was likely by buyers a while ago, but...
Analyzing Crude Oil Prices The Crude Oil price behavior analysis is a matter for discussion. Looking at the M30 CL chart below, a bullish "Golden Cross" pattern starts forming as the MA74 prepares to cross the MA199 upwards. This development occurs...
H-4 Chart Technical Outlook AUD/USD Probability of AUD/USD 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: A series of Heiken Ashi...
USD/ JPY Price Analysis Our current focus is evaluating the price action of the USD/ JPY currency pair. There is a possibility that instruments may open on Monday with a gap, as the aggressive downward trend driven by a market maker or a significant...
The spot price experienced significant declines at the start of the week, hitting a fresh weekly low of 1.3355 against the US Dollar (USD) on Monday. This drop came after Federal Reserve Chair Jerome Powell adopted a surprisingly dovish stance...