Technical analysis of Crude oil Today I choose crude oil for technical analysis. The fact that crude oil prices are currently in an upward channel supports the upside. Crude oil is now near resistance with the help of this channel, which could push...
USD/CHF Here’s my take on USD/CHF for today based on both technicals and fundamentals: Technical Analysis The pair is trading around 0.8840, slightly below the 50-day moving average, which is acting as a key resistance. If USD/CHF breaks above...
The EUR/JPY currency pair climbed to around 161.40 during the Asian trading session on Wednesday. The Japanese Yen weakened as market participants became increasingly convinced that the Bank of Japan (BOJ) would maintain its current interest rate...
Moving Average (MA) trading is a popular strategy in forex and other financial markets. It uses moving averages to smooth out price data, identify trends, and make trading decisions. Here's an in-depth look: What is a Moving Average? A moving...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. EUR/GBP fell in early trade, helping its price fall. The Dawn trendline market price has risen above the trendline and now the price market will rise after breaking this...
