The EUR/USD currency pair remains highly sensitive to geopolitical developments, especially those related to the ongoing conflict between Ukraine and Russia. Recent shifts in the peace negotiations and diplomatic signals have had a notable impact on...
Forecast of NZDUSD Trading activity has been in the range zone for the past few trading days because the price of the NZDUSD hit the overbought level on the H4 time frame chart. I can keep an eye on the same situation on the daily time frame chart,...
The recent daily analysis of the CADCHF currency pair on the H4 (4-hour) timeframe suggests a potential bullish trend. Currently, the Alligator indicator is showing signs of opening upward, which is generally interpreted as a bullish signal. The...
During the trading week, the EUR/USD currency pair experienced notable consolidation, characterized by a narrow trading range and oscillation between key support and resistance levels. The pair seemed to be caught in a tug-of-war, with sellers...
Technical analysts primarily use price charts to visualize and interpret historical price movements. The most common types of charts are line charts, bar charts, and candlestick charts.Support and Resistance: Traders identify support levels (where...
