The GBP/USD market analysis highlights a bearish inclination, primarily dictated by the pivot point at 1.2205. This level represents a critical threshold, with downside momentum prevailing as long as the price remains below it. The RSI indicator’s...
Technical Analysis AUD/USD This descending price channel is even better visible on the daily chart, and it is very stable since the price movement in it has been going on since October last year, and therefore you should not tempt fate with the...
USD/JPY's current market position reflects a balance of technical strength and cautious optimism. Holding above the 155.54 pivot point, the pair has demonstrated resilience, setting the stage for potential advancements towards key resistance levels...
The Average True Range (ATR) is a technical analysis indicator used in forex trading (and other markets) to measure market volatility. Introduced by J. Welles Wilder Jr. in his book "New Concepts in Technical Trading Systems," ATR helps traders...
•••Ethereum Price Action(January 18,2025) – What’s Happening Right Now?••• • Ethereum continues to grab attention in the crypto market, and its recent price movement has traders on edge. As of today, Ethereum (ETH) is trading at around $3,387.75,...