USD/CAD H1 Analysis: Strong Bullish Trend with Potential Retracement The H1 chart for USD/CAD illustrates a robust bullish trend, characterized by consistent price movements above the middle Bollinger Band and frequent tests of the upper band. This...
General Points about USDJPY: The Tokyo Core CPI has provided some support to the Japanese yen, but overall, the USDJPY market continues to show a bullish trend. The price action indicates that buyers remain in control, pushing the pair higher...
GBP/USD ANALYSIS Thursday, February 27, 2025 Good afternoon, traders on the InvestSocial forum! I hope you are all well and ready to face today's market. I would like to share a technical analysis of GBP/USD based on the chart that I observed on the...
General Points about NZDUSD: At the moment, the NZDUSD market is trading at the 0.5675 level, and there is a possibility that it may move further downward. The recent price action suggests that selling pressure remains strong, preventing any...
Technical analysis of gold Technical analysis of gold on the 4-hour chart shows a further decline in the price of gold in the coming hours. During this week, trading opened within upward price channels that represent the general trend of gold...