I have been analyzing the USD/CHF pair using the daily chart and applying wave techniques to understand why the recent growth phase ended abruptly. I believe the key lies in the behavior of the indicators and the market structure. I observed that...
Let’s consider the chart of the D1 period - the EURJPY currency pair. This week has given none movements yet, they have been sawing in place. But in general the price is being pressed down along the general downward trend. Here, the wave structure...
The chart provided is a one-hour (H1) time frame of gold (XAU/USD), displaying various technical indicators including Fibonacci extension levels, Bollinger Bands, and the stochastic oscillator. The price appears to be trading within a downtrend...
Hello. Somehow, we are falling too actively on the Pound, as if everything turned out not to be a correction, but a new impulse wave towards the current minimum along the main downward trend. Yesterday, the data on US GDP was not strong, but either...
The USD/CAD currency pair extended its bullish run on Friday, building on the previous day's breakthrough above the 50-day Simple Moving Average (SMA). This upward momentum propelled spot prices to a near four-week high, reaching the 1.4450-1.4455...
