Trading Analysis Update Saturday, October 12, 2024 H4 Chart Review The structure of the EURUSD pair price movement pattern in this week's trading clearly shows that the market stopped under selling pressure coupled with a trend that remains...
TRADING CHART ON AUD/CHF H4. The price saw a slight increase on Friday. It rose from its daily opening at 0.5771, but initially struggled to climb due to the EMA 200 H4 crossing between the daily open and its closest resistance at 0.5789. However,...
NZD/USD D1 chart Let's consider the chart of the D1 period - the NZD/USD currency pair. Yesterday's attempt to decrease was successful, the price dropped quite a lot, but today there is some growth again. Yesterday's decrease was also caused by the...
TRADING CHART ON EUR/GBP H4. The EUR GBP price increased last week but could not maintain the momentum this week. It reached the resistance level of 0.8426 and touched a high of 0.8433. However, when the price corrected downwards towards the 50-day...
The current analysis of the GBP/USD pair has become increasingly complicated and uncertain. Previously, the wave pattern was clear, suggesting the formation of a bearish wave set targeting below the 1.2300 level. However, the growing demand for the...