NZD/USD The price has successfully broken out of the rising red channel. Currently, it is trading within two distinct channels: a bullish red channel representing the price movement from the previous month and a bearish blue channel representing the...
Hello all traders, Today, I'd like to share my market analysis on Oil H1 with you. Looking at the larger price chart, there's a current downtrend where the quality of breakouts has declined. The recent breakout with bar 4 wasn't strong. Initially,...
Analysis of the USDCHF pair in the H-4 frame. Trading in the USDCHF pair which took place last Friday succeeded in moving up or bullish due to the seller's failure to penetrate below the buyer support area which was at the price of 0.8880-0.8890...
The Canadian dollar (CAD) displayed a contrasting performance on Friday. It gained ground against most major currencies but lost value compared to the US dollar (USD). This decline came as a result of strong US non-farm payroll data, which boosted...
EUR/JPY daily M30 timeframe chart Greetings. Friday market dynamics, particularly in relation to the dollar, were evident as this currency pair continued its trend within the established range. However, a notable decline occurred on Tuesday, leading...