The chart represents the price movement of gold on an hourly (H1) timeframe. Various technical indicators, such as Fibonacci extensions, Bollinger Bands, and the stochastic oscillator, are applied to analyze potential price action. Looking at the...
GBP/USD Let's open the daily timeframe and see a fairly clear picture: earlier there was a rebound from the local minimum of 1.2100, after which the pound/dollar pair formed an ascending price channel, which was eventually broken by breaking...
GBP/AUD Good Morning, guys! The overall market of GBP/AUD looks in favor of buyers these days, indicating a strong bullish sentiment. A steady upward trend has been observed, but it needs a correction process to start a bullish journey again. Market...
Analyzing the current situation with the euro/dollar and pound/dollar pairs, I observe that the market is in a state of uncertainty, particularly with the euro/dollar trading slightly below its local high of 1.0875. I note that the pair is currently...
The provided chart represents the NZD/USD currency pair on the 15-minute timeframe. Several indicators are present, including Bollinger Bands and a Stochastic Oscillator, which provide insights into market conditions. The price movement over several...