USDCHF Market Update Hello everyone, On the daily chart, USD/CHF initiated an upward move on Monday, temporarily pausing the previous downward trend and providing a short-term reprieve for buyers. Despite this brief upward movement, the overall...
see the GBP/JPY exchange rate currently trading within a wide sideways price channel, and I notice that this channel has expanded northward with the upper limit now around 212.14, which I consider a key resistance area. I observe that the lower...
I understand this perspective, and I think it is reasonable to question the immediacy of further downside when I look at the recent price behavior in more detail. I agree that if I focus strictly on the local lows, I can clearly see a sequence where...
AUD/USD Post Analysis The AUD/USD H1 chart reflects a shift in market sentiment from bullish to bearish over the analyzed period. Initially, price showed strong upward momentum, forming higher highs and higher lows. This bullish phase was supported...
I see that following the close of the trading week, the USDCHF currency pair is continuing to demonstrate confident and technically justified growth, and I interpret this movement as a clear sign that bullish sentiment remains dominant in the...