TRADING CHART ON USD CHF D1. The USD/CHF daily chart provided shows a clear overall bearish trend that began around mid-2022. The price has consistently remained below the 200-day moving average (red line), which serves as a key dynamic resistance....
I am closely monitoring the economic situations in both China and the USA, as well as the Federal Reserve’s monetary policy. At the moment, my primary focus is on buying, though I missed the opportunity to enter yesterday around the 2640 level...
ETH/USD is currently facing a critical trendline resistance, which suggests that its price may face a pullback to the $4,000 to $4,100 range in the coming weeks. This pattern mirrors previous movements seen in August-November 2022 and July-August...
General Points about GBPNZD: The GBPNZD market is currently trading at the 2.1870 level, and there is a growing expectation that it may continue to rise in the coming days. The upward potential is largely attributed to the upcoming release of the UK...
The EUR/JPY currency pair traded around the 159.50 level during the Asian session on Tuesday. The recent rise in the pair can be attributed to the weakening Japanese yen, primarily driven by uncertainty surrounding the Bank of Japan's (BoJ)...