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EUR/USD. March 28. Bears Retreat but did not give up On Thursday, a few euros/USD bounced off of 161.8% of Retracement Retracement level to 1.0734 and rose to the resistance zone 1.0781-1.0797. Jumping from this zone would prefer the US dollar and a...
I observe that the price action on the daily chart for this pair has recently tested the upper boundary of the established flat range, reaching between 1.4295 and 1.4450. I believe this marks a significant resistance zone, and the price is now...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. The market is currently between support and resistance levels. Over the past few days, the market has added support and used that support as resistance. The market is now...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line, it...