EURUSD Trading Journal Update Tusday, December 03, 2024 Based on the EURUSD H1 chart, it can be seen that the market structure shows a fluctuating pattern with price movements consolidated between the support level of 1.04612 and the resistance...
EUR/JPY Technical Outlook Today, EUR/JPY is hovering around 158.80, trading within a narrow range that signals market indecision. The 20-day EMA is acting as a solid support, while the RSI sits at 50, showing neutral momentum. I see key resistance...
Forecast of GBPUSD As the price was oversold on many time frame charts, the GBPUSD daily time frame chart indicates that the price increased for the price correction in the previous trading days. The GBPUSD began to decline in value at the beginning...
Important Points about USDCHF: We observed that the Swiss RBNZ news had no significant impact on the USDCHF market, which dropped to 0.8875. Despite this decline, the release of the Swiss CPI rate this week could influence the market’s direction. It...
Forecast of Crude Oil Now that I've looked at it again from a new point, I can see that the price of Crude Oil is moving in the ascending channel on the H4 time frame chart, which clarified the technical judgment of the commodity that was so unclear...
