Technical analysis of GBPAUD Technical analysis, Choose GBP/AUD today. Currently, the market price is rising, but the trendline carrying it is being broken. After the trend line is broken, the market price will fall below it. On the trend line, the...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping prices move higher within the channel. Crude oil prices are currently hovering above support and...
I believe the bears are firmly in control of the yen, as the recent price action clearly demonstrates. I observed that the bulls attempted to push the price back above the 200-day moving average but failed, which provided the bears with an...
USD/CHF As of today, USD/CHF is trading around 0.8971, showing a slight uptick. The pair has been gaining momentum, and from what I see, the technical and fundamental setup favors further upside. Technical Analysis: USD/CHF recently broke above a...
Looking ahead, I expect the bears to continue their downward push. I believe we are likely to see a breakout of the 161.8% Fibonacci level at 148.43. If this happens, I think the next target will be yesterday’s low of 148.11. I am closely monitoring...
