If the price successfully breaks above resistance, it can indicate strong bullish momentum and lead to further price increases. Identifying resistance levels is crucial for forex traders. There are several ways to do this. One popular technique is...
USDJPY currency pair - D1 period chart. The price was falling for the main part of the last week because the weakening of the US dollar was going on the market as a whole, especially the euro and the pound grew almost vertically. The ascending wave...
EURCHF Daily Forecast Inflation concerns have led the European Central Bank (ECB) to remain cautious about interest rates. If inflation continues to rise, the ECB may hold interest rates for a longer period, which could lead to a strengthening of...
This CL H1 chart represents the hourly price movement of crude oil, showing a clear downtrend over the observed period. The chart includes Bollinger Bands and a Stochastic Oscillator (5,3,3), which help analyze volatility and potential market...
AUDUSD Daily Outlook The daily chart of the AUD/USD pair shows an interesting market setup, highlighting a change in momentum after bearish pressure. The currency pair is experiencing a long-term decline, with price volatility leading to continued...
