Yesterday's trading was bullish until the middle lines of the price channels were touched, which led to the price falling and closing again below the red channel. When we follow the price movement during the previous two weeks, we will find that the...
Technical analysis of the EURUSD pair 4-hour chart It is expected that we will have a bearish trend for the pair during this week, as the price succeeded in breaking the price channels on the daily chart. On the 4-hour chart, the price begins...
Analyzing the daily chart of the GBP/USD currency pair, we can see that the pair is in an uptrend phase, and the bulls are already attempting to break through the upper boundary of the daily TMA indicator, which will eventually lead to a shift from...
The single European currency is trading close to the 1,07 level at the open of the new week which is little changed trying to limit the previous week’s losses. The dust from last week’s euro election development has not yet settled with the result...
Greetings and Good morning to Everyone! We can observe a selling scenario on EUR/JPY today. Although there is no particular news event affecting the EUR/JPY market, we can still make informed decisions by following the market from a technical point...