H4 Trading Chat On XAUUSD: Let's consider On ider the H4 period chart - the GOLD trading instrument. Here you can see how the price was previously in a rather narrow sideways range limited by the levels above and below. The resistance level above is...
EUR/USD technical outlook A bearish wave for oil has led to the price stabilizing in sideways trading for several candles. The week opened within price channels: a bearish one in red, representing the price movement during the previous week, and a...
In Friday’s New York session, the currency pair is consolidating above the critical resistance level of 1.0800. This sideways movement reflects investor anticipation for new signals from the European Central Bank (ECB) regarding its next rate cut...
NZD/USD currency pair analysis: The NZD/USD currency pair recently reached a significant goal, halting at the level of 0.6130-0.6155. This level represents a strong rebound resistance, as indicated in the chart. Given this context, a downward...
The pair is trading close to its immediate resistance level of 1.0850, after a bullish start in the early Asian session. Currently, the pair is hovering around 1.0829, forming a strong barrier at the 1.0850 region. This level has been pivotal in...