The GBPUSD H1 chart exhibits a strong bullish trend, with the price forming higher highs and higher lows, a classic indication of upward momentum. The Bollinger Bands show increased volatility, with the price currently near the upper band,...
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Have a great mood everyone! The slope of the linear regression channel on the M15 chart is up. For me, this is a sign that there is a strong buyer on the market putting pressure on sellers, there is room for purchases. It is possible that I will be...
EUR/USD Daily Chart Analysis Current Market Position The EUR/USD currency pair is currently hovering around the 23.6% Fibonacci retracement level, suggesting the potential for a strong bullish breakout. A closer inspection of the chart reveals that...
Weekly Analysis of AUD/USD (February 17, 2025) Overview This analysis utilizes Elliott Wave theory, support and resistance levels, and the Simple Moving Average (SMA) indicator to evaluate the AUD/USD currency pair on the H4 timeframe. The price has...