Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. USD/CHF fell in early trade, helping its price increasing. The up trend line has risen above the market price trend line, and now the price market will rise after breaking...
Based on the GOLD H1 chart, price is currently trading near 4249.57 after a sustained downtrend from 4411.94 down to a recent low of 4060.04, followed by a recovery back to current levels. The sequence shows a clear series of lower highs (4411 →...
H1 Technical Analysis – Capitulation to 113.839, RSI 33.86, Price Below All MAs *Technical Structure* H1 is trading at *113.839*, consolidating after a steep selloff from *114.810* highs on June 16. Price collapsed through the MA stack and is now...
In my analysis of the GBP/USD currency pair on the daily timeframe, I believe the market continues to favor a bearish outlook. To understand the current situation, it is important to first review the price action that developed throughout May. From...
Technical analysis of USDJPY Today I picked USD/JPY for technical analysis, and the market price fell one level and is now closer to the trend line, helping to push the price higher. After breaking the market price support at 160.60, it also damaged...
