When analyzing the AUD/USD pair on the weekly timeframe, I believe the bearish scenario remains the most compelling outlook. One of the strongest reasons for this view is the presence of bearish divergence on both the MACD and CCI indicators....
USD/CHF Daily Chart Analysisollar Strength Reemerges as Price Approaches Key Supply Zone The USD/CHF daily chart shows a market attempting to regain bullish momentum after spending several months in a broad recovery phase. Trading around 0.79301,...
EURGBP MARKET OVERVIEW EURGBP 1H is pressing 0.8636 after bouncing from 0.8620 support on Jun 11. Price is at 0.86368, +0.00087 today, and buyers are now testing the purple supply zone at 0.8650-0.8660. That area capped price on Jun 5 and has acted...
The Japanese yen remains locked in a tense standoff against the U.S. dollar, with USD/JPY hovering stubbornly near the psychologically monumental 160.00 threshold that has become the focal point of intense market scrutiny and the subject of repeated...
Technical Analysis of the EUR/USD Pair 1. Chart Description: The EUR/USD chart on the four-hour (H4) timeframe shows interesting price action, with the pair experiencing a strong rebound after a sharp decline. The chart uses weekly pivot levels as...
