After building several bullish candles, the price has continued advancing since yesterday and appears to be completing a double-top formation. The next target may be 1.2645. On the same timeframe, there is a rising channel indicating a dynamic trend...
NZD/USD H-4 NZD USD has been marking time in a narrow price range for several days now. The bulls are trying to reverse the situation and send the pair north. The four-hour chart shows that this pair is my moving in an upward direction. The price...
Good evening.If a breakout doesn’t occur, a price correction to this level could enable further upward movement. While the parabolic SAR indicator provides upward support, the stochastic oscillator indicates overbought conditions, acting as a...
Technical indicators point to a sideways correction ahead due to a hidden crossover. Currently, the price is confined between the support and resistance levels of 83.25. I foresee the price consolidating above last week's high. My current trades are...
According to the current market dynamics, the breakdown of the 1.0732-1.0725 support level indicates that sellers have gained control and pushed the price downward. This movement is significant as it highlights the strengthening of bearish sentiment...