I am currently observing a strong bearish sentiment on the USD/CHF currency pair, and I do not believe the price will be able to grow up to 0.87 at this point. I noticed that Tuesday's daily candle closed as a solid bearish candle, reinforcing my...
The chart provided is a 4-hour candlestick chart of the Silver/US Dollar (XAGUSD) pair, showing price movements over a period from mid-March to early April. Let’s break down the key elements of this chart to understand the price action, technical...
Analyzing the USD/JPY 4-Hour Chart: A Bearish Trend Continues The USD/JPY 4-hour chart presents a clear depiction of bearish momentum prevailing in recent trading sessions. The price has declined to 145.747 (-0.36%) as of the latest candle,...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good Morning, I hope all is well. Let me share with you my thoughts on EUR/USD. Currently, the market price of EUR/USD is floating around the 1.1010 area. This area is near the resistance zone....
NZDUSD CURRENCY PAIR ANALYSIS The inability of the candle to penetrate the h1 resistance at a price of 0.5613 caused the nzdusd movement to change to a decline. The decline last Wednesday was quite deep because the candle was just a little bit away...
