Hello. Yes, gaps down on Mondays do not mean anything good for sellers. Although they cover them, such price gaps indicate the strength of sellers, who can still push through the defense and go further down the older downward trend. Yesterday, just...
I am closely monitoring the price movement of the Australian-Canadian pair and anticipate a continuation of the downward trend from the resistance zone of 0.89710-0.90472. However, based on my experience, price movements rarely follow a single...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Good Morning, I hope all is well. Let me share with you my thoughts on USD/CAD. Currently, the market price of USD/CAD is floating around the 1.4338 area. This area is near the resistance zone....
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning Members. Hopefully, today's activities will keep you in good health and spirit. Now I will try to analyze the Crude oil price movement by using the EMA, RSI, and MACD indicators. Let's...
THE CURRENCY PAIR USD-CHF Sergey, hello! What we have now, according to the daily chart readings for the wave technique for USD/CHF, is that it seems that our instrument has gone flat again. If you move your gaze along the history—to the left—it...
