EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
EUR/JPY is trading near a significant resistance zone at 163.50. A breakout above this level could pave the way for a move toward the next resistance at 144.50. On the downside, support lies at 162.50, with further declines potentially targeting...
Gold Market Update and Analysis Gold’s price movements are becoming increasingly compressed, with the daily chart showing a lack of success in breaking through repeated highs. It indicates that bearish sentiment is temporarily dominating the...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...
