Market Analysis of USDCHF Pair on H4 Time Frame Introduction The USDCHF currency pair has recently formed a double bottom pattern on the H4 time frame, signaling a potential reversal in market direction. This pattern, accompanied by a bullish...
XAG/USD Price Forecast: Technical outlook The US Dollar Index (DXY), which tracks the US Dollar’s performance against six major currencies, is holding on to minor gains on Friday, trading around 106.50. This slight recovery follows disappointing...
GBP/USD Hourly Analysis Current Market Overview The GBP/USD hourly chart is currently trading around the 1.2631 level. In recent days, the market has shown bullish momentum; however, it now appears to be entering a phase of consolidation or...
The GBP/JPY currency pair remains in a strong downtrend, with current price action suggesting a potential decline between 102 and 151 pips based on technical indicators. The pair continues to struggle below its key resistance at 189.51, reinforcing...
USD/ CHF: The Price Action Summary Today’s main focus will be the release of the US Purchasing Managers’ Index (PMI) data. This report will provide valuable insights into the strength of the US economy, particularly in the manufacturing and...
