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...
As I analyze the NZD/USD pair, it appears that the market has been stagnant for weeks, with no significant movements. I believe that the current situation calls for continued analysis and patience, waiting for a breakout from this deadlock....
I am currently analyzing the NZD/USD currency pair with the intention of opening long trades. My preliminary trading strategy involves entering the market from the 0.5715 level, targeting the 0.5778 level. I believe this setup is supported by the...
GBP/CAD Greetings and Good Morning, guys! The market of GBP/CAD crossed the 1.8551 zone yesterday, showing that the bullish scenario can help the buyers remain more. This breakout indicates strong buying pressure, suggesting that the uptrend may...
West Texas Intermediate (WTI) crude oil, the U.S. benchmark, experienced persistent selling pressure in early European trading on Monday, hovering around the $66.45 mark. This downward trend was primarily attributed to mounting concerns regarding...
