Taking a look at the EUR/CHF pair on the daily (D1) chart, it’s clear that we are approaching a significant structural crossroads. My analysis today centers on the higher timeframe dynamics, specifically looking at the relationship between price...
USDJPY Daily Forecast Recent geopolitical events affecting market sentiment resulted in USD/JPY facing renewed pressure after multiple failures attempting to penetrate the key resistance zone of 159.65-160.00. Following a temporary ceasefire...
After analyzing the EUR/GBP currency pair on the 30-minute timeframe, I have decided to align myself with the current bearish momentum and open a short position. The technical structure right now is quite telling, and I believe the path of least...
EURUSD hourly (H1) chart Chart Overview The pair opened at 1.16717 and closed at 1.16749 on the latest candle. The price action is framed by three visible moving averages (red, blue, white) acting as dynamic support/resistance. The RSI(14) sits at...
H4 CHART ANALYSIS OF USDJPY Detailed evaluation of USDJPY indicates a corrective trend following a rise of significant magnitude. Initially, the price created a distinct bullish leg that penetrated the 160.00-160.10. This area of the price range is...