EUR/USD technical analysis Currently, the price is trading within an area of support formed by the daily chart's 1.0760 monthly pivot level. There are two price channels in the market this month, one of which is bullish in red and represents the...
This week, the currency pair's price is trading within price channels that support the upward trend, and a price bottom has been formed along the lower channel lines. As the price approached the weekly pivot level, it rebounded, forming a price...
Currency Pair Behaviour: USD/CAD In this discussion, we analyse the price movements of the USD/CAD currency pair. Examining the USD/CAD currency pair within the four-hour trend, we observe that it is likely for a bearish correction after nearly...
Ichimoku Love The Cloud or Kumo is formed between Senkou Span A and Senkou Span B and is an integral part of the Ichimoku system. It visually represents support and resistance levels and shows the overall trend. Fast Cloud: Senkou Span A above...
The USDCHF has been fluctuating on the H4 timeframe, with the price responding to signals from the stochastic oscillator indicator. When the indicator reached the overbought level, the price adjusted, leading to a range-bound market. The support for...