Recently, gold was trading within an ascending channel on the 4-hour chart, where prices showed a continuous upward movement within this channel for a prolonged period. This ascending channel served as an indicator for investors that the overall...
The EUR/USD chart provided is a 1-hour candlestick chart, displaying the price movement of the Euro against the U.S. Dollar from late March to early April. This chart includes technical annotations, support and resistance zones, and volume data,...
The currency pair in question has experienced a slight upward movement, yet it has not reached its target and has subsequently reversed. As depicted in the chart, the pair tested the level of 90.60 but is currently trading at a price level of 88.01....
Long-Term Trading in the Forex Market Understanding the Strategy and Its Effective Utilization Long-term trading in the Forex market is a strategy where traders hold positions for weeks, months, or even years. Unlike short-term or day trading,...
The USD/CAD currency pair is showing strong signs of bullish pressure as long as prices stay firmly above the 1.4200 level. Current momentum is supported by a bullish RSI, which confirms the likelihood of continued upward movement in the coming...
