In the GBPUSD H1 timeframe chart, I have identified a potential resistance level at 1.27430. Current market trends suggest that the price may rise to this point. However, I anticipate that upon reaching this resistance level, the upward momentum is...
TRADING UPDATES, EUR/JPY Good afternoon, all of you. Let's use this weekend to rest our minds and mentality so that we can carry out trading well next week. Then today, I will explain the analysis of EURJPY which has weakened to support 167.80...
USDCHF H4 alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the...
Technical analysis of the USDJPY pair Daily chart Yesterday's trading was bullish until the middle lines of the price channels were touched, which led to the price falling and closing again below the red channel. When we follow the price movement...
The chart provided illustrates the NZD/USD client positioning as tracked by IG Client Sentiment. This analysis focuses on the sentiment of traders regarding the NZD/USD currency pair over a specific period in early June 2024. Let's break down the...