GBP/USD Technical Analysis As the price receives support from the lower channel lines, it is now in a good buying zone. This week, the lower channel lines represent the price traded in the support area. Prices formed a bottom with the channels, but...
The Bitcoin market experienced a somewhat negative trend last week, with prices falling towards the $57,500 level, a crucial support zone that has been tested several times. Although Bitcoin has found some support at this level, the overall market...
USD/JPY D1 chart Our current focus is evaluating the price action of the USD/ JPY currency pair. The Japanese yen continues its strengthening trend against the US dollar, with a clear downtrend forming on the USD/JPY weekly chart. According to...
Bulls Power is a technical indicator used in forex trading to measure the strength of buyers (bulls) in the market. It helps traders identify potential reversals and confirm trends by analyzing the difference between the highest price of the day...
The USDCHF currency pair is showing a pronounced bearish trend on the H1 (one-hour) timeframe. Recent price action demonstrates a clear pattern of lower highs and lower lows, which is indicative of ongoing downward momentum. In technical analysis, a...