The AUD/USD exchange rate currently stands at 0.6643, and the market trend is showing a bearish outlook. Despite the gradual decline, there are compelling reasons to anticipate significant movements in the coming days. This projection is based on a...
GBPCHF H1 Today we will do a technical analysis of GBP/CHF. It is necessary to do technical analysis for this; we take the help of different types of levels and indicators. If you look at the EUR/USD h1 time frame, the market price is currently in a...
I fully admit that yesterday’s accumulation will result in a sharp northern exit. As I have said many times, I plan to monitor the resistance level at 79.96 or the resistance level at 80.62. Near these resistance levels, two scenarios can unfold....
The US dollar is on a roll against the Japanese yen, nearing the level that triggered intervention by Japanese authorities just a couple months ago. This climb comes despite weak US housing data, as a preliminary economic indicator pointed to...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...