In evaluating the current price action of the EUR/USD currency pair, it's essential to consider multiple time frames to gain a comprehensive view of its outlook. In the short term, the market appears to be in a phase of consolidation, with price...
Market Overview: Interlock’s Trading Journal Update Greetings everyone! Welcome to a fresh week of insights here at Interlock’s Trading Journal. How are you all doing today? I hope you’re reaping the rewards from last week's Bitcoin analysis. As...
Technical Outlook: Gold price Gold price remains on the defensive amid reduced bets for a 50 bps Fed rate cut in November. The USD consolidates last week’s strong gains and also contributes to capping the XAU/USD. Geopolitical risks might continue...
Hello to all fans of this forum! I suggest you look at the USDCAD chart on TF = H1. No matter how the price changes, Parabolic tries not to let me down with the trend direction. Its price is now 1.3570. The last price of the previous candle is...
Analysis of Current Market Trend Overview In the current bearish trend, there is a possibility of an upward correction phase, which may lead the price to test the SBR (Support-Become-Resistance) level around 1.3794. Until a breakout occurs, the...