Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. The EUR/USD market is bearish, helping the price break the dawn trendline and selling momentum. The market price follows the trend line and repeatedly touches the trend line...
EUR/USD H4 Timeframe Analysis Today’s chart for the EUR/USD pair on the H4 timeframe provides valuable insights into the market's trend and momentum. This analysis utilizes moving averages and the stochastic indicator to understand potential trading...
XAU/USD Overall Outlook The XAU/USD market has been in a downtrend lately, with the current price hovering around 2604 and falling as low as 2588. This price action reflects the ongoing downtrend in the market. Technical indicators such as RSI and...
The NZDCAD currency pair has rebounded after its price pressure bounced above the demand area on the daily chart at 0.80975. This suggests it has the potential to close the gap to the dynamic resistance of the 5-day moving average. If it manages to...
GBP/USD Overall Update The GBP/USD market is currently in a downward trend. It recently fell to 1.24755 and has since recovered slightly to trade around 1.2507 at the time of analysis. Key levels and scenarios: Reverse Probability: If the GBP/USD...