Trend lines are a fundamental tool in forex trading, providing valuable insights into price movements and potential entry or exit points for traders. These lines are drawn on charts to visually represent the direction and strength of a trend. In the...
ANALYSIS OF EUR/AUD PAIR. The EURAUD H4 chart exhibits a pronounced uptrend, highlighted by a sharp rally that has recently led the price to break above a key resistance zone near 1.7710. The price action shows a well-defined ascending pattern,...
ANALYSIS OF AUD/CHF PAIR. The AUD/CHF pair on the 30-minute timeframe has exhibited a significant bearish trend, characterized by a steady decline in price action. The pair was previously maintaining a relatively stable range with mild fluctuations...
The West Texas Intermediate (WTI) crude oil market has been demonstrating a notable upward trajectory, achieving its highest levels in three weeks. This sustained rise, marked by six consecutive days of gains, is fueled by a confluence of factors...
Gold prices have embarked on a robust recovery, decisively breaching the critical $3,000 resistance level and propelling the precious metal into uncharted territory. This surge has seen gold surpass the $3,100 mark, establishing a new all-time high...