The chart represents the hourly timeframe (H1) for the USD/CHF currency pair. From a visual perspective, the pair appears to be in a downtrend, as indicated by the lower highs and lower lows. The current price is hovering around the 0.8824 level,...
Important Points about GBPJPY: Recently, the GBPJPY market has been following a bearish trend, which has been evident in the price action over the past few days. Yesterday, the market dropped below the 193.00 level, signaling that the downward...
The USD/CAD currency pair has maintained a solid upward trend, driven by a combination of economic fundamentals and geopolitical pressures. A major factor weighing on the Canadian dollar is the persistent decline in crude oil prices, a key driver of...
Technical Analysis EUR/USD H-4 Chart Hello everyone, technical analysis of the EUR/USD currency pair on the H4 chart. Current price: 1.052 The pair is trading above the MA50 level, which shows a short-term bullish trend. This may mean that there...
NZD-USD H4 TIME FRAME After the Reserve Bank of New Zealand (RBNZ) cut interest rates by 50 bps. The price of the NZDUSD pair tends to experience a fairly impulsive increase. Actually, this is very contradictory because an interest rate cut can...
