Simple Moving Average Indicator The Simple Moving Average (SMA) is a widely used technical indicator in financial markets, especially in Forex and stock trading. It helps traders identify trends by smoothing out price fluctuations over a specific...
General Points about USDCHF: Yesterday, the USDCHF market did not show any significant movement, so no major changes were observed. At the moment, the USDCHF market is at the 0.8847 level, which is a middle point. There is a possibility that the...
Currently, I observe that the EURGBP pair is exhibiting a highly uncertain situation on the H1 chart. The price action is characterized by significant fluctuations, with the quotes moving up and down by approximately 700 points. This choppy movement...
WTI Crude Oil Analysis: Market Trends and Insights The attached chart provides a detailed overview of the WTI Crude Oil price movement based on a 4-hour time frame. It highlights the key price levels, market trends, and technical indicators...
When analyzing the EURJPY currency pair, it becomes evident that the price struggles to penetrate the supply area at 161.04, leading to a downward movement. Initially, the pair was on an upward trajectory, but it subsequently dropped to 159.25. This...
