This chart displays the hourly price movement of Bitcoin (#Bitcoin H1) with the inclusion of a Moving Average (red line) and the Relative Strength Index (RSI) below the main price chart. Here's a technical analysis based on the provided chartrice...
The US Dollar Index (DXY) is trading tepid during the year-end holiday season, but is still holding near the top end of the 2024 chart. Market flows will soften next week as global market sessions are expected to take a mid-week break, which will...
The GBP/USD pair, often referred to as "cable" in forex trading, has displayed a noteworthy pattern on the hourly chart leading up to December 28, 2024. This analysis aims to dissect the movements and potential implications for traders and...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. EUR/GBP margin prices are falling, which is helping to push prices lower from the trend line. This trendline helped push down the market price, and with the help of this...
The analysis of the GBP/JPY currency pair sheds light on the dynamics of global monetary policy and economic sentiment shaping its performance. Currently trading around the 195.40 level, the pair exhibits limited downside potential due to several...