EUR/USD Outlook The price trades in the buy zone, receiving support from the weekly pivot level of 1.0770 and the price channel lines. It trades within a price triangle formed by the ascending red and descending blue channels. The general direction...
Good evening. Despite some fluctuations, the EUR/USD pair managed to recover and climb above 1.0684 after a brief dip. Interestingly, no new announcements were made during the latest meeting regarding the commencement of tapering the asset purchase...
Silver Price Action Outlines The analysis of silver price behaviour is a topic of discussion. Currently, the XAG/USD pair shows a decline on the H1 chart, with the price staying below the 132-day moving average. On the shorter chart, the price has...
Introduction to Mind Over Money in Forex Trading Forex trading, with its potential for high returns, attracts many participants. However, the psychological aspect of trading is often underestimated. Success in forex trading is not just about...
EUR/USD ANALYSIS 11 JUNE 2024 Based on the H4 TF reference above, it can be seen that there is a decline that has been able to cross the moving limit of the 200 MA (blue) with the condition of a bearish Gap forming past the 200 MA limit. This...