The provided NZD/USD H4 chart reveals a prolonged downtrend, characterized by lower highs and lower lows, confirming sustained bearish pressure. The moving average (red line) appears to be a 50-period or 100-period simple moving average (SMA), which...
The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning to all forum friends and respected moderators. Yesterday, EUR/USD traded slightly in the lower direction and closed the day around the 1.0459 price area. Today, I want to analyze the...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Welcome to all forum users. I'll be talking about the Crude oil market price behavior in my essay today. The USD is currently trading at 106.64, according to the dollar index. Crude oil is trading...
The USD/CHF pair demonstrated a partial recovery during early European trade on Friday, rebounding to approximately 0.8985. This recovery was primarily driven by a slight strengthening of the US dollar (USD). Market participants are now keenly...