Based on the weekly USD/CHF chart, I believe the market is preparing for a bullish move in the near future. The most important signal supporting this view is the bullish divergence visible on the MACD indicator. This divergence is not small or...
USDJPY Chart Review: Today's article will discuss the price movements of the USD/JPY pair in the foreign exchange market. The current resistance level is between 158.799 and 158.859, which is near the middle of the trading range. The lower end of...
USDCAD Reclaims Bullish Momentum on the 4H Chart as Buyers Target Higher Resistance Near 1.3780 USDCAD on the 4-hour timeframe is currently trading near 1.37495, with the pair showing renewed bullish momentum after recovering strongly from the early...
Here is a technical analysis of Bitcoin (BTC/USD) on the H1 timeframe based on the provided data. General Trend On the H1 timeframe, Bitcoin is trading in a decisive bearish trend following a sustained decline from highs near 82,317. The price has...
Buyers in the AUD/JPY pair recently struggled to establish a stable position above the important resistance zone between 114.45 and 114.70. Even though the market failed to break and hold above that area for now, I do not believe the bullish...