EUR/USD 4-Hour Technical Analysis: Eyeing Breakout Potential as Key Levels Hold The EUR/USD pair continues to trade within a defined technical structure, with traders closely monitoring price behavior around crucial support and resistance zones. On...
1. What is the Mass Index in Forex Trading? The Mass Index is a technical indicator developed by Donald Dorsey, primarily used to identify potential trend reversals based on price range rather than direction. Unlike other indicators that focus on...
West Texas Intermediate (WTI) crude oil prices plunged to a new low of $56.70 on Wednesday, a level not seen since January 2021, driven by a deteriorating global economic outlook. The imposition of a 104% US import tariff on Chinese goods has...
The GBP/USD H1 chart reflects a significant shift in market sentiment, transitioning from a prolonged consolidation phase into a strong bullish trend. Throughout most of March, the pair moved sideways in a relatively tight range between...
The chart above depicts the price movement of the NZDCHF currency pair on the H1 timeframe. So far, it appears that the NZDCHF has been exhibiting a stable bearish trend. This observation is reinforced by the position of the 200-period moving...
