The provided chart is of the EUR/JPY currency pair on a daily timeframe. Let's break down the various elements and trends visible in the chart: ### Trend Analysis 1. **Current Trend**: The EUR/JPY pair is currently in an upward trend, as indicated...
Upon delving into the weekly time frame chart of GBPUSD, it becomes apparent that a surge in buying activity approximately four weeks ago precipitated a notable shift in market dynamics. This uptick in momentum propelled GBPUSD above the moving...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Hello. Today I have decided to do a technical analysis of Crude oil. Crude oil is trading at 77.68 at the time of writing. Currently, Crude oil is in a bearish direction but this direction can't be...
After carefully examining the price trend over the last two months, it's evident that the price is poised to make a bold attempt this week to break through the bearish price channels on the daily chart. This strategic move aims to disrupt the...
USDCAD H4 The first relevant hurdle is around 1.3966 which is the first level of resistance. The momentum could then build towards the mid-level hurdle of $1.4653 which is the 2nd level of resistance. After that, if the price continues its trading...