Today, I saw sellers of the risky asset unexpectedly seize the initiative. I noticed how they confidently lowered the instrument's quote below the support level and resistance around 1.04574. I believe this area deserves close attention, dear...
Technical Analysis of Crude Oil The current market analysis for crude oil in the H1 timeframe shows that the market structure is in a sell-off trend, and the price action further supports this bearish momentum. Currently, the price is trading near...
A Deep Dive into Gold Prices The Gold pair's price action analysis will be our focus point in this discussion. Gold’s H4 chart is displaying a strong bullish trend within an ascending channel, with prices respecting both the upper and lower...
Good evening traders I hope you are all doing good. The market has shown that a simple reversal is unlikely. Technically, the key levels have been tested, and the crowd has been shaken out. We’ve seen growth, but it’s cleverly disguised as part of...
Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...