Trend lines act as dynamic support and resistance levels. They help traders identify entry and exit points by observing how the price reacts when it approaches these lines. A trend line break can signal a potential reversal or continuation of the...
On the fifteen-minute chart of the EUR/USD currency pair, we have observed that the price has recently reached a new high. Following this upward movement, the price performed a retest of the key level, and currently, it is trending in a northern...
Forecast of USDCAD The price of the USDCAD was hovering below the moving average lines for a few candles on the H4 time frame chart, but it has now been above the moving average lines for the last few candles. In the current candle, after the start...
The NZD/USD currency pair is currently trading at 0.5698 and is moving within a defined range. The Relative Strength Index (RSI) is positioned at the 50 level, indicating that the market lacks a clear direction at this moment. Analyzing the price...
Bitcoin (BTC) Trading Analysis Good night. Today, I will discuss Bitcoin (BTC) pair. Bitcoin (BTC) trades at 81,496, moving between key support and resistance levels. The Zigzag indicator, which helps identify significant price movements by...
