On the daily chart of the USD/CAD currency pair, a horizontal triangle structure has visually formed, potentially representing a connecting wave "X" within a double zigzag pattern identified as "WXY." This pattern could serve as the basis for wave 3...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is currently positioned between the 0.8834 resistance level and the 0.8756 support level. We will find the next support at 0.8690 as the market price breaks...
BoE Governor Andrew Bailey, along with several members of the Monetary Policy Committee (MPC), is set to testify before Parliament's Treasury Committee, shedding light on inflation and the economic outlook. This testimony is pivotal in shaping...
I am observing that the market is currently in a state of uncertainty, and the price action feels somewhat directionless. I believe that the movement within the descending channel from the high of 158.880 is crucial, but I notice that the price is...
The chart displays Bitcoin’s price action on the H1 (hourly) timeframe, incorporating Bollinger Bands and the Stochastic (5,3,3) oscillator. The current price stands at $85,026.48, indicating a period of consolidation after previous volatility. At...
