The GBP/USD pair exhibits bullish momentum, with a steady upward trend observable in the latter part of the chart. Price action shows a recovery from previous lows, pushing above key resistance levels. Indicators like the RSI (Relative Strength...
The GBP/USD currency pair experienced a notable surge during the Asian trading session on Friday, reaching a two-week high of 1.2715. This upward movement represents a significant recovery of over 200 pips from the weekly low, driven by a decline in...
Reversal Technical Chart Patterns Reversal chart patterns are essential tools in technical analysis, indicating that a current trend is likely to reverse. They provide valuable signals for traders to enter or exit positions. Below are some of the...
Forecast of EURUSD Since the price correction is still ongoing, the price is running above the moving average lines on the lower time frame charts, particularly the H4 time frame chart, which indicates that the price will continue to rise. The RSI...
TRADING CHART ON EUR/CHF D1. The provided EUR/CHF daily chart reveals a clear and persistent bearish trend since early 2022, reflecting a weakening euro against the Swiss franc. This decline has been influenced by key macroeconomic factors,...
