The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...
The EUR/CHF currency pair continues to exhibit a downward trend, with its price movement indicating a persistent rally towards lower levels. Recently, the pair has been attempting to break through the support level, marked at 0.9633. Despite...
GBP/USD/H1 For the second day in a row, the price of the British pound against the US dollar GBP/USD is trying to rebound higher, but its gains did not exceed the level of 1.2698, which is stable near it at the time of writing the analysis. The...
GBPUSD Today, Saturday and Sunday, it is completely quiet. This gives us the opportunity to review last week's GBP/USD prices and discuss what's coming next week. Looking at the H4 chart, it can be seen that the GBP/USD parity has fallen between...
The EUR/JPY currency pair, currently trading at 172.26, is experiencing a bearish trend. In this context, the bearish trend signifies that the euro is weakening against the Japanese yen. This situation can be driven by various factors, including...