Technical Analysis of Gold The technical analysis of the 4-hour chart shows the price breaking the ascending blue channel that represents the general trend of gold during the previous two trading weeks. The channel line was broken during the...
Understanding Market Trends: Analyzing Parabolic SAR, RSI, and Moving Averages In financial trading, understanding market trends is crucial for making informed decisions. Traders often utilize various technical indicators to gauge the market's...
EUR/USD As of February 21, 2025, the EUR/USD currency pair is trading near the 1.0500 mark, reflecting a period of relative stability in the foreign exchange market. This equilibrium is influenced by a confluence of economic indicators, geopolitical...
US West Texas Intermediate (WTI) crude oil prices exhibited a period of consolidation during Friday's Asian trading session, moving within a narrow trading range. This consolidation followed four consecutive days of gains. The commodity is currently...
USDJPY H1 The pair bounced off the resistance of 154.964, bounced off this resistance and broke through the support of 153.496. The support was broken, traded near the support of 151.279. Bounced off this support a little, there was a range, there...
