I observe that the seller is actively controlling the market, as evidenced by the linear regression channel pointing downward on the chart. I note that the price is currently trading below the critical resistance level of 152.742, reinforcing the...
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Market concerns are mounting over former President Donald Trump’s proposed policies, including potential tariffs, tax cuts, and the deportation of undocumented immigrants. Analysts suggest that the Federal Reserve’s future interest rate decisions...
The EUR/USD daily chart shows a strong bearish trend, with price action forming lower highs and lower lows. The red moving average (likely a 50-day or 100-day MA) has acted as dynamic resistance, with price rejecting it multiple times before...
The Role of Price Action: GBP/ USD Our discussion will analyze the current price behavior of the GBP/ USD currency pair. On the quote, growth continued as expected, with a breakout of resistance at 1.2520 yesterday, but they did not have time to...
