I observe that the current behavior of EURUSD is quite intriguing, and I find it fascinating how the price is resisting a downward correction despite the strong upward momentum it has recently displayed. I think that the market is currently...
EUR/USD Technical Analysis: Looking at the EUR/USD pair today, I’m seeing a neutral to bearish tone on the 4-hour chart. The price is still below the 1.0700 resistance level, which has been tested a few times this week. If it can’t break above this...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it is only...
The chart presented is a USD/CHF price chart with Bollinger Bands and a Stochastic Oscillator (5,3,3) as technical indicators. The price action suggests a prevailing downtrend, as indicated by the overall downward slope of the Bollinger Bands and...
EUR/USD H-4 Chart Analysis The movement of EUR/USD in the H4 timeframe shows interesting developments with a pattern that indicates a potential reversal soon. After experiencing a fairly long downtrend and being in a bearish channel, the price was...
