The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...
GBP/USD Good morning to you, Vlad! Happy weekend to you! My Take Profit was at 1.2625, but I closed the sell at 1.2630 manually. I was afraid that the price would turn around and go north. As the chart shows, I closed the deal early. And it would...
THE CURRENCY PAIR EUR-CHF Technical analysis of the currency pair or instrument using Heiken Ashi candles and a combination of TMA (triangular moving average) and RSI indicators currently signals that bullish sentiment clearly prevails in the...
Forecast of USDCHF Daily time frame chart outlook: The price of the USDCHF was trading below the moving average lines on the daily time frame chart, but last week it touched the trend line that I had indicated in the accompanying diagram, which is...
Forecast of EURJPY Weekly time frame chart outlook: More than two years have passed since the price last ran in the upward channel on the weekly time frame chart. The price increased and declined numerous times within this ascending channel,...