The large gap between the 50-day exponential moving average (EMA 50) and the 200-day simple moving average (SMA 200) suggests the bullish trend in the USDCHF pair remains very strong. The price corrected downward to reach the support level (S1) of...
The GBP/JPY currency pair experienced a volatile trading session, initially surging to a one-week high of 198.25 before encountering selling pressure and retreating towards the lower end of its daily trading range. This decline coincided with...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all markets are currently in an uptrend, which is helping the price to rise within the channel. Crude oil prices are currently hovering above support and resistance...
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The EUR/USD pair has experienced a temporary pause in its downward movement after testing the middle border of the Bollinger Bands on the four-hour chart, around the support level of 1.0343. This level, which marks the minimum of the pair from...
