The GBPJPY currency pair is currently exhibiting intriguing price movement dynamics on the H1 timeframe, characterized by a clear wave pattern. Examining the structure that has developed, it appears that this pair is in a corrective phase after...
Technical analysis of gold The technical analysis of gold on the 4-hour chart supports the upward trend in the coming hours. During the previous two trading weeks, the price of gold traded in a downward wave began to rise during the previous week,...
I observe that the NZD/USD pair is currently caught in a consolidation phase on the daily chart, despite its recent attempt to push northward. I interpret the conflicting signals from technical tools as a key factor driving this indecision: moving...
In the H4 timeframe, the market for GBP/JPY has shown a failure to embark on a bullish trend, stopping short at the upper band of the Bollinger Bands and subsequently experiencing a downward bounce. This has contributed to an extended period of...
Technical Analysis of Silver Today, I conducted a technical analysis of the silver market, and the data indicates that open interest has decreased, contributing to a decline in prices. The market closed above a significant support level and...
