USD/JPY remains at a pivotal crossroads, with forecasts projecting a rise of 89 to 132 pips if the pair can maintain its footing above the 155.24 support level. This critical area acts as a buffer against bearish pressures, with market participants...
Currency pair EURUSD - let’s consider the daily period of the chart. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone. This suggests that the downward trend has not yet...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, the market price is currently falling in the 1-hour time frame, but the market price broke this trend line, helping the price be higher. The market price retraced after...
The chart illustrates the hourly price movements of crude oil (#CL) with the help of Bollinger Bands, Standard Deviation (20), and Average True Range (ATR) (14). Observing the recent price action, it is clear that the market has undergone distinct...
Currency pair GBPUSD - today we will consider the chart of the D1 period. Last week we could develop a confident growth, which, however, was quite expected and promising. Traders drove the price down mid-week while testing the 1.2370 horizontal...