According to my analysis of the daily time frame chart, the GBPUSD changed the trend direction on February 13th, and I have since seen substantial bullish movement over the past three weeks. The GBPUSD even breached the resistance level of 1.2889...
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 ongoing economic and political tensions between the United States and Japan have created a complex trading environment for the USD/JPY pair, with various fundamental factors driving recent movements in the market. The Japanese yen has emerged as...
The chart represents the NZD/USD currency pair on the H1 timeframe, incorporating Bollinger Bands and the Stochastic oscillator. Looking at the price action, the market appears to be moving within a range with periods of strong volatility followed...
XAGUSD (Silver) Analysis Silver (XAGUSD) is trading at 33.16, approaching the key resistance level 33.49. The Moving Average (MA) Indicator, particularly the 50-period and 200-period MAs, is crucial in identifying trend direction. Currently, silver...