Today, I observed an attempt by USD/JPY to trade below the support zone, which is defined by the EMA50 at 150.20 and the EMA20, which has risen to 150.10. However, I noticed that the pair failed to sustain its position below this zone, and I am...
GBP/USD Technical Analysis In the 1-hour timeframe, the market structure for GBP/USD was previously in a downtrend but has now broken out and is moving upwards. After this structural change, buying pressure emerged, pushing the price towards the...
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USDCHF currency pair - let’s look at the H4 period chart. Here you can see that until the middle of last week, sellers continued to push the price down. In favor of sellers was the wave structure that builds its order downwards and the MACD...
Despite these positive factors, the upside potential for the Australian dollar remains constrained by escalating trade tensions between the United States and China. US President Donald Trump's announcement of an additional 10% tariff on Chinese...
