The chart represents the AUD/USD currency pair on the H1 timeframe, displaying price action along with Bollinger Bands and a stochastic oscillator. The current price is around 0.6344, fluctuating within a relatively stable range. The Bollinger Bands...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
The Federal Reserve (Fed) has revised its 2025 rate cut projections from four to two, signaling a more hawkish stance that has strengthened the US Dollar (USD). This shift in expectations has put downward pressure on the New Zealand Dollar (NZD),...
On Monday, I observed that the day began with some upward movement, indicating initial growth. However, the price soon dropped to the support level of 188.306, where it stabilized. Throughout Monday and Tuesday, I noticed that the price continued to...
TRADING CHART ON USD JPY H1. Here's a look at the USDJPY pair on the 1-hour chart. We'll check out how the price is moving, which is now about 148.95. Using both technical and basic analysis, we'll find the closest areas where selling pressure might...