EUR/JPY H4 Timeframe Analysis The analysis of the EUR/JPY chart on the H4 timeframe provides valuable insights into market dynamics influenced by price action, moving averages, and momentum indicators such as the RSI and MFI. Market Trends Bearish...
Gold prices experienced a decline on Friday, falling below $2,630 per ounce, following the release of the US Non-Farm Payrolls (NFP) report for November. The report revealed a stronger-than-expected job market, with 227,000 new jobs added, exceeding...
BTC/USD Technical Analysis, Outlook, and Forecast The BTC/USD market is bullish and is currently trading at 101,738. The market recently hit a high of 104,600 before pulling back. On the hourly chart, BTC/USD is trading at the 102,000 resistance...
Let’s look at the D1 period chart again - the USDCAD currency pair. The wave structure here, as before, is still built in an ascending order. The MACD indicator is growing in the upper purchase zone and above its signal line. There is no joy for the...
The Bitcoin (BTC) hourly chart reveals a series of price fluctuations within a defined range, currently trading at 101547.25. After a noticeable downward move that bottomed out near 94,506.00, Bitcoin staged a sharp recovery, rising toward the...