In the EUR/USD 1-day time frame, the market is currently in a downtrend, trading within a range defined by the 1.0845 support level and the 1.0950 resistance level. Recently, the price began to test the support area, displaying signs of divergence...
The pair has surged sharply following a test of the key resistance level at 0.8875 during Wednesday’s European session. This marks the highest level seen in over two months, signaling notable bullish momentum. The Swiss Franc’s movements closely...
USD/JPY Price Activity Through a review of the 4-hour time frame chart, we can observe more clearly what is happening in the movement of the USDJPY currency pair. We need to start the analysis by looking at the history of the movement of the last...
GBPAUD Market Analysis Wednesday, December 04, 2024 The outlook for the Pound Sterling currency suddenly experienced significant strengthening. Looking at the economic calendar, it seems that there has been no release of UK economic data but the...
In my analysis of the GOLD trading instrument, I observe that currently, the price is consolidating near a key level, showing indecision in the market. Earlier in October, the price continued its upward trend, but a significant bearish divergence...
