Hello everyone, I will be discussing the trend of the GBPUSD currency pair. The GBPUSD pair ended the trading week with a bullish candle, showing signs of bullish momentum. On the daily time frame, the currency pair has been in a clear uptrend,...
The image provided appears to be a technical analysis chart used for trading financial instruments such as stocks, forex, or cryptocurrencies. Let's break down and analyze the key components of the chart: ### 1. **Chart Pattern and Trend Lines** The...
Good day, everyone! The downward slope of the linear regression channel indicates the strength of the sellers, who are aiming for the 2313.63 level. Movement is likely to slow down at this target level. Due to the weakening caused by the current...
This week, the oil trading instrument has demonstrated significant volatility by easily surpassing the previous week's maximum level of 80.60. This upward movement is particularly notable because, during the prior week, the price had been on a...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hi, I will evaluate the performance of USD/CAD in the upcoming trading sessions. Let's assess the behavior of the price of USD/CAD. USD/CAD is trading at 1.3731 at the time of writing. This time...