On the H4 timeframe, USDJPY reflects a completed bullish expansion phase followed by a decisive structural breakdown and subsequent transition into a broad consolidation environment. From November through mid-January, price maintained a well-defined...
DAILY CHART ANALYSIS GBP/USD GBP/USD is hardly moving above 1.3550 in the European session on Wednesday and showing almost no reaction to the release of the UK Consumer Price Index (CPI). The figure confirmed that UK inflation dropped in January,...
USDCHF Technical Analysis: USDCHF is stuck around 0.77614 and is range-bound with the 200 EMA as a dynamic pivot. Recent candles are small with long upper wicks at 0.77674, showing selling pressure and rejection of higher prices. These wicks are...
DAILY CHART ANALYSIS OF AUDCHF Technical analysis of AUDCHF highlights the pair moving within a clear bullish pattern that has been gradually unfolding over the last several months. After AUDCHF hit the bottom near 0.5100 and reversed, it started to...
DAILY CHART ANALYSIS OF CHFJPY The technical analysis of CHFJPY indicates that the market has changed from powerful bullish pressure to a corrective phase. Initially, the price action was characterized by clear higher highs and higher lows, which...