In the realm of forex markets, the USD/JPY currency pair stands out for its dynamic pricing behavior, offering valuable insights into global economic trends. Currently, market analysis suggests an imminent decline from the pair's present levels,...
GBPCHF ANALYSIS Trading in the market for the GBPCHF currency pair on Monday and Tuesday was once again dominated by buyers or buyers who succeeded in taking advantage of the weakness that had occurred on the seller's side by reducing bearish...
Moving averages are essential tools in forex trading, widely used for analyzing market trends and making informed trading decisions. They help smooth out price data, providing a clearer view of the market's direction by filtering out the noise...
As long as the demand area remains intact, there exists a significant opportunity for the GBP/USD currency pair to continue its upward trajectory. This demand area serves as a crucial support zone, the preservation of which is essential for...
USD/CHF pair would continue downwards. Based on the H4 chart, I expected a medium-term decline and was awaiting confirmation of further decline on higher time-frames. However, contrary to my expectations, there was an upward movement. The resistance...