This week starting from Monday the market is being corrected upwards, but has not been able to touch the 100 period simple moving average line, however, for the monthly trend, the price still appears to be running in the bearish zone. On the EurUsd...
H4 Trading Chat On GBPUSD: Let's look at the chart of the H4 period - the GBPUSD currency pair. The wave structure here began to build its order downward, the MACD indicator is in the lower sell zone. If you overlay the target Fibonacci grid on the...
What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...
### Analysis of the EUR/USD Currency Pair #### Current Situation As of now, the EUR/USD currency pair is trading around the 1.0690 level. The prevailing trend appears to be bearish, indicating a downward movement. This trend suggests that the euro...
Current Movements and Bullish Trends in Crude Oil Prices Today, I am going to discuss the current state of crude oil prices. On the D1 chart, crude oil is currently moving around the 81.62 level. From the chart, we can observe that the price has...