Technical analysis of GBPCAD Today I have a GBP/CAD technical analysis forecast that the market is rising, breaking every resistance level, and the price is rising. The market price creates an ascending channel that moves upwards. The price exits...
EURUSD H4 Time Chart Analysis The EURUSD currency pair has entered a bearish trend. These adjustments follow the recent interest rate decisions of the European Central Bank. The pair is currently touching the 200-period simple moving average at...
Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
Forecast of Crude Oil The price of Crude Oil has been in a bearish trend since January 20th, according to the H4 time frame chart, therefore I kept a close eye on the bearish movement during these 10 trading days. However, the price of Crude Oil was...
EUR/USD Technical Analysis In the H4 timeframe, EUR/USD is in an uptrend and maintains its bullish structure. The price action confirms a strong buying structure consistently creating higher highs and lows. Market Structure and Key Levels 1. Support...