Hello. The situation with the Pound has changed quite abruptly, the Dollar has started to strengthen across the entire market, and it might turn out that all expectations of growth will be replaced by a fall towards the current minimum at 1.20990....
Trend Line Chart Pattern: Introduction A trend line chart pattern is a fundamental tool in technical analysis, used to identify and confirm market trends. It consists of straight lines drawn on a price chart to connect significant highs or lows,...
The chart represents the NZD/USD currency pair in the H1 timeframe. The price movement is accompanied by Bollinger Bands and a Stochastic Oscillator (5,3,3) to assess volatility and momentum. The recent price action suggests a bearish trend as the...
USDJPY Technical Analysis USDJPY has been in a strong uptrend, with price consistently making higher highs and higher lows. The market has shown significant bullish momentum, supported by a steep incline. The 150-period moving average is...
Technical analysis of GBPCAD Today I will start technical analysis on GBP/CAD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance and above support. If the...
