The formation of XAUUSD indicates the development of a large downtrend, which is formed inside a large green channel. After the last rebound from the lower…
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The internal structure of the GBPUSD pair shows the downward movement of the market within a large green channel. By the middle of last month, the…
For the EURUSD currency, we can see the construction of a large downtrend that moves inside the green channel. On the current chart, we see the…
Let’s take a closer look at today’s BTCUSD technical outlook. We analyze a 1-day chart testing two possibilities. The first one is that we are in…
July has been fascinating for commodity and forex traders. The US dollar broke parity with the euro, and oil prices dove below $100. Veteran SimpleFX traders…
The NIKKEI225 structure shows the development of an uptrend that moves within the green channel. We see that since the end of March, the market has…
The structure of the LTCUSD cryptocurrency on the 1H timeframe shows the formation of a bullish trend that moves within the green channel. We see that…
Looking at ETHUSD (Ethereum vs USD) chart, we see the development of a global trend that moves within the large green channel. By the end of…
On the 1H timeframe for the USDTRY pair, the market is moving in an upward direction, forming a bullish trend that is being built within a…
Alphabet, the parent company of Google, will reveal its Q2 financial results on Tuesday after the market closes. If you are looking for big price swings…