Good day, everyone! The downward slope of the linear regression channel indicates the strength of the sellers, who are aiming for the 2313.63 level. Movement is likely to slow down at this target level. Due to the weakening caused by the current...
The image provided appears to be a technical analysis chart used for trading financial instruments such as stocks, forex, or cryptocurrencies. Let's break down and analyze the key components of the chart: ### 1. **Chart Pattern and Trend Lines** The...
We have closely monitored the ongoing price fluctuations in the USD/CAD currency pair. As the week has concluded, we find it necessary to promptly review our trading strategy on the same chart. Delving deeper, we observe a long-standing pattern...
This week, the oil trading instrument has demonstrated significant volatility by easily surpassing the previous week's maximum level of 80.60. This upward movement is particularly notable because, during the prior week, the price had been on a...
The Euro is facing a perfect storm of bearish pressure, weakening against the US Dollar and falling below a key support level. This decline comes amid heightened political uncertainty in Europe, particularly in France, where upcoming legislative...