USD/CHF Technical Analysis The bears were unable to maintain price well below the moving average trend line at the start of the week in the 4H chart and now price is well above the 14-period simple moving average trend line. The current candle is...
GBP/USD Technical Analysis H4 Chart On the hourly chart, GBP/USD is currently in a downtrend, indicating bearish momentum in the market. A lower high on the H4 chart confirms the downtrend. A break below 1.2640 could increase selling pressure and...
GBPUSD TECHNICAL ANALYSIS A week ago, the British pound started to rise again, but fell after reaching a local high. The price reached a clear resistance level before dropping to 1.2800, but then started to rise again this week. It lost part of its...
The currency pair is currently entrenched in a bearish consolidation phase, hovering around the 1.0500 level during the US session on Monday. This marks a significant decline, with the pair remaining just above its lowest point since early August....
EURUSD TECHNICAL ANALYSIS The purpose of this article is to assess whether the EUR/USD currency pair will continue to experience an upward trend, considering that the release of fundamental NFP data is currently exerting pressure on it. Therefore, I...
