GBP/AUD Good Morning, guys! The overall market of GBP/AUD looks in favor of buyers these days, indicating a strong bullish sentiment. A steady upward trend has been observed, but it needs a correction process to start a bullish journey again. Market...
USD/CHF As of today, USD/CHF is showing some interesting movements driven by both technical and fundamental factors. Here's my take on the current market conditions. Technical Analysis: Right now, USD/CHF is leaning bearish. The pair is hovering...
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...
Bitcoin experienced a modest rally in the early hours of Monday, bouncing the critical level of $ 80,000. However, the current graphic pattern is far from impressive, since the market seems to be stuck in a disorderly consolidation phase. Price...
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...
