The EUR/USD pair experienced a notable pullback on Wednesday, with European dollar buyers relinquishing some of their recent gains, leading to a decline of approximately a third of a percentage point against the U.S. dollar. This shift pushed the...
The chart represents crude oil (#CL) on the H1 timeframe, incorporating Bollinger Bands and the Stochastic oscillator. The price is currently trading at 67.73, showing signs of an upward movement after a period of consolidation. Looking at the...
XAU/USD: Analysis and Forecast Gold continues its sideways movement, remaining in a consolidation phase as traders await U.S. consumer inflation data, set to be released later today during the North American session. This report could have a...
ANALYSIS OF AUD/USD PAIR. The AUD/USD currency pair, observed on the 4-hour timeframe, exhibits a prolonged downtrend that began in October, marked by consistent lower highs and lower lows, characteristic of bearish market conditions. The...
The EURCHF currency pair is currently trading within an ascending structure on the hourly timeframe, and I observe that today’s price action has surpassed last week’s high of 0.9635 by 15 points. However, I notice that the oscillators are signaling...