H4 Hour Time Frame Outlook: If you look at the trend conditions in the TF H4 reference for the USDJPY market, it has actually now entered the initial phase of a bearish trend. This takes place after the candle is able to move downwards below the...
On the H4 chart, the USD/CHF pair has formed an ascending trend channel, suggesting that today there may be an attempt to bounce off the lower border of the channel and aim for a rate of 0.9030 in the short term. However, it is unlikely that this...
The currency pair has been on a notable upward trend, recently surpassing its all-time high of 161.97 last Thursday, before settling around 160.77 by market close. Despite this impressive ascent, spot prices remain below the crucial 161.00 supply...
For the movement of the GBP/USD currency pair today, based on my technical analysis, there is still a tendency for it to be corrected down to a price of 1.26400. This is because in the H1 time frame the movement of the GBPUSD currency pair has...
AUD/USD D1 Analysis 07 July 2024 Over the past few days, the AUD/USD price has been moving in various range zones on the D1 time frame chart, as can be seen by looking at the historical data on the chart. AUD/USD hit the trend line in the last...