Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line, it...
The GBP/USD hourly chart shows a strong bullish momentum as the pair continues to push higher, currently trading around the 1.2500 level. This key psychological level has been tested multiple times, and the pair appears poised to break and sustain...
Technical analysis of Crude Oil Today I choose crude oil for technical analysis; the market price of crude oil is at the resistance level of 75.73 and the support level of 72.92. The price is rising, the previous peak broke this support, and now the...
Because of today’s decline, Bitcoin prices have fallen below the 104.486 level, and below the red moving average, showing a very good chance for bears to continue the downward movement to reach the 99.670 level, and in case of breaking this level,...
USD/CAD As of today, USD/CAD is holding within a consolidation range, with support around 1.4300 and resistance near 1.4450. The pair has struggled to break out in either direction, but as long as 1.4260 holds, I see a chance for further upside. A...
