Have a great day everyone! There is an opportunity to sell against the main movement on the hour. The basis for this is the linear regression channel turned downwards. Although it is more correct to skip sales or wait for the downward reversal of...
Bollinger Bands are a popular technical analysis tool in forex trading (and other financial markets) used to measure market volatility and identify potential overbought or oversold conditions. They consist of three lines plotted on a price chart:...
Technical analysis of the USDCAD pair The technical analysis of the pair on the 4-hour chart shows a fluctuating price movement between ups and downs, some of which come as a result of economic news. As for the technical side, the price started...
General Points about EURJPY The EURJPY market is currently hovering around the 162.85 level, reflecting a bullish trend and buyer control. Despite the recent ECB press conference, which did not provide notable support or fresh momentum for the pair,...
#CL Have a great day and two oil tankers to your advantage! #CL Looking at the situation on the daily chart, we can see that the short-term downward slope remains intact, the bears continue to hold the initiative, and judging by the moving...