EURUSD Technical Analysis: The current situation with the EUR/USD currency pair increasingly favors selling over buying. The rate is holding at 1.17593, approaching a significant support level around 1.17459. This level, or slightly lower, appears...
On the 4-hour chart, the 200 SMA line sits at 0.7030, serving as a major trend support level further down, while the 50 SMA line is positioned at 0.7130, providing dynamic support just below current prices. The H1 time frame shows the 200 SMA line...
USDJPY Price Dynamics: Were studying the ongoing USD/ JPY currency pair price assessment. The USDJPY pair may continue its downward trend, and its also possible it might not decline further. While I hope for a pullback to the 159.185 area to sell,...
Accumulation and distribution phases are important concepts in forex trading because they help traders understand what large market participants may be doing before a major move begins. These phases are often associated with market cycles and can...
USDCHF Price Analysis: We are presently dissecting the real-time analysis of the USD/CHF currency pairs pricing. If the USD/CHF level of 0.78058, recently impacted by a price decline, holds and does not allow the trading instrument to fall further,...
