Hello everyone! The linear regression channel on the M15 chart is trending upwards, indicating active buying. The market is staying above the 96367.72 level, showing signs of upward movement. There may be an opportunity to look for a buying point at...
Gold prices maintained a strong position on Friday, settling at $2,930 per ounce, close to the previous week's record high of $2,940. The continued demand for safe-haven assets is primarily attributed to persistent concerns surrounding US trade...
The USD/JPY H1 chart presents a clear downward trend, characterized by a series of lower highs and lower lows. The price action has been consistently trading below the middle Bollinger Band, indicating strong bearish momentum. The Bollinger Bands...
**Analysis of USDCAD Market on February 21, 2025** The USDCAD currency pair has shown some compelling movements recently, particularly on the hourly chart (H1) for February 21, 2025. On this day, we witnessed a notable increase in price momentum,...
The Parabolic SAR (Stop and Reverse) and the Relative Strength Index (RSI) are two popular technical indicators used by traders to identify potential trends and reversals in financial markets. Currently, the Parabolic SAR and RSI indicate that the...
