The EURUSD market pair traded on Friday was still in a very strong bearish pace after buyers failed to bring the price up bullish because they were strongly blocked by sellers who strengthened the resistance area at 1.0419-1.0418 so that the price...
The NZDUSD pair has been moving down quite consistently from its highest price, where the movement at the beginning of last week had increased, but it turned out that after reaching the price level of 0.5765, the price movement reversed direction...
Technical Analysis of Currency Pair on the 15-Minute Chart Current Price Action As of the latest analysis, the currency pair is trading at approximately 1.0360. It appears that this level may have marked the minimum point on the 15-minute timeframe...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price continues to rise, just rose from the trend line, and now this market has broken the trend line. The market price has broken the trendline and formed...
Trend Line Chart Pattern: Introduction A trend line chart pattern is a fundamental tool in technical analysis, used to identify and confirm market trends. It consists of straight lines drawn on a price chart to connect significant highs or lows,...