THE CURRENCY PAIR USD-CHF Sergey, hello! What we have now, according to the daily chart readings for the wave technique for USD/CHF, is that it seems that our instrument has gone flat again. If you move your gaze along the history—to the left—it...
The EUR/USD pair began the day with a slight dip, falling to 1.0300, signaling selling pressure. Soon after, it entered a consolidation phase, with the upper boundary at 1.0530 and the lower boundary near the tested support level of 1.0220. These...
Current Market Analysis of EUR/USD The EUR/USD currency pair is currently trading at 1.0412, with its last low recorded at 1.0382. The Relative Strength Index (RSI) is slightly below the neutral level of 50, indicating a potential bearish momentum....
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key reversal pattern in technical analysis, often signaling a potential trend reversal in financial markets. It typically appears at the bottom of a downtrend and suggests a...
GBPUSD GBPUSD outlook: The GBP/USD pair remains under pressure due to economic concerns in the UK and the strength of the US Dollar. Recent economic data from both regions, combined with ongoing monetary policy expectations, are influencing market...
