USD/CHF Technical Analysis At present, the USD/CHF currency pair is trading around 0.82437, reflecting a strong uptrend in the market. This upward momentum suggests that buyers are currently in control, and there may be further potential for price...
EUR/USD Technical Analysis D-1 Chart D1 period chart—EURUSD currency pair. Since the beginning of the current week, the price has risen again a little. The wave structure here on this daily chart is still building its order upwards; the MACD...
The British Pound (GBP) experienced a diminishing of its upward momentum against the US dollar (USD) on Tuesday, finding itself hovering narrowly above the 1.3500 level. The latest Bank of England (BoE) monetary policy report presented in Parliament...
I am analyzing the AUD/USD currency pair on the D1 timeframe and have observed that the pair has essentially moved sideways over the past month, forming a narrow-range saw-like structure that lacks clear directional momentum. I see that the previous...
I’m generally pleased that GBP/USD has finally started moving, since the vague sideways drift of the past several days had become monotonous. I open the daily chart and see that the wave technique confirms a clear northern bias. I observe that the...