M-1 Chart Technical Outlook USD/JPY USDJPY failed to sustain its bearish momentum and after touching a low of 152.43, prices corrected higher against the USD in the US trading session today. We can see that the channel resistance has been broken...
Technical Analysis EUR/USD H-4 chart The pair is trading below the MA50 and MA200 levels, indicating a bearish trend in both the short and long term. Moving Average: MA50: When the price is below this line, it indicates short-term weakness. This...
USD/CAD Technical Analysis: Right now, USD/CAD is testing the 1.3800 resistance level, consolidating with bullish momentum. It’s been hovering here for a bit, and I’m keeping an eye out for any strong moves. Key levels I’m watching: resistance...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD If intraday its position still gets support above the SMA5 and SMA10 curves in the H4 time frame, then it has the potential to lead to the dynamic resistance of SMA50 and SMA200. Especially if it...
Forecast of Crude Oil The price of Crude Oil has been declining on the H1 time frame chart for the past several trading hours. This decline began when Crude Oil tested the 50 EMA line during its price correction, and as a result, it is now stronger....
