The euro remains within bounds amid uncertainty The euro saw choppy trading during the early hours of Friday, oscillating around the 1.03 level as market participants appeared hesitant to commit to a clear direction. This lack of momentum suggests a...
I am focusing on the weekly timeframe today, where I see a potential descending channel, with the price currently sitting at its upper border. I believe today will reveal whether the price breaks out of the channel upwards or remains within it. I...
The gold market (xauusd) declined again after buyers managed to push the price up to the high point (2724). News of a ceasefire in the Middle East, similar to what halted the increase in gold last Friday, caused the price to fall once more. The...
EUR/JPY H4 Time Frame Analysis Forex trading charts are essential tools for understanding market trends and price movements. In this analysis, we will explore the EUR/JPY currency pair on the H4 time frame, utilizing trend lines, moving averages,...
The Absolute Strength Index (ASI) Oscillator is a technical indicator used in forex trading (and other markets) to measure the strength and direction of market trends. It was designed to enhance trading decisions by combining elements of both...