The price action of an asset on the H1 timeframe, which means each candlestick corresponds to one hour of trading. Key indicators on the chart include Bollinger Bands, Standard Deviation, and Average True Range (ATR), which assist in understanding...
The Bank of Japan (BoJ) is in the midst of a difficult battle to reverse the two-year downward trend of the Japanese Yen. Despite deploying numerous policy tools, including aggressive interventions and adjusting interest rates, the BoJ has yet to...
Crude Oil Technical Analysis Crude oil prices are currently trading at a major resistance level of $78.40. This is a level at which prices have previously been rejected, making it a critical area for potential selling opportunities. If the market...
The Pound Sterling (GBP) is at a pivotal moment, nearing the lower boundary of a Rising Channel chart formation on the daily timeframe. This technical pattern signals a critical point for GBP/USD traders, as the currency pair could face sharp...
Forecast of NZDUSD I noticed strong bearish activity on the NZDUSD lower time frame charts throughout the last few trading hours, and the pressure from these bearish activities grew further once the New York trading session opened. According to the...
