This past week, I observed a clear decline in the market, with Monday, Tuesday, and Wednesday forming a range-bound movement. However, on Wednesday, I noticed the beginning of a decline that pushed the price toward the support level of 189.812. I...
GBP/USD: Technical Outlook H-4 Chart The daily chart shows that GBP/USD finally gained acceptance at static resistance in the 1.2640 area on Thursday. The upside breakout also prompted buying to continue picking up above the 100-day simple...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello traders. My article today will discuss the current price behavior of the USD/CAD market in this chart. In light of this technical analysis, I am looking for a buy signal in the USD/CAD. USD/CAD...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello, Instaforex and mt5 Forum members and visitors. I intend to write an article today on the current behavior of the price of AUD/USD. At this time the price of AUD/USD has crossed the 0.6234 zone...
I observed that the pair was trading within a range, and when it approached the minimums at 0.55442, I noticed that the buyer was gaining volume. I assumed that the pair would likely go up, anticipating a trend reversal. I based this assumption on...
