Trend Lines in Forex Trading In the world of forex trading, trend lines are one of the most basic yet powerful tools used in technical analysis. They help traders visualize the direction and strength of market trends, identify potential reversal...
Technical analysis of Silver Today we will consider the technical analysis of silver. The market is currently at 29.540. The market bounced off resistance last week; it is now sitting between support at 28.833 and resistance at 29.832. The market is...
The outlook for the Euro (EUR) has weakened following the release of the European Central Bank (ECB) minutes, which revealed that all officials were aligned on a gradual interest rate cut strategy. The ECB's confidence that inflation will return to...
GBAUD Analysis The GBP/USD chart shows a clearly defined ascending channel that has defined the price direction since early November 2024. This structure describes a continuous upward trend with higher highs and higher lows within a parallel...
XPD/USD (Palladium vs USD) – Intraday Analysis Palladium has shown a strong downward momentum on the 1-hour chart, with the price currently trading around 905.74, representing a -1.59% decline. The market has broken below a key psychological level...
