This week starting from Monday the market is being corrected upwards, but has not been able to touch the 100 period simple moving average line, however, for the monthly trend, the price still appears to be running in the bearish zone. On the EurUsd...
The Euro has recently been on a significant decline against the British Pound, hitting a fresh 22-month low of 0.8400 on Friday. This latest downturn marks an extension of a three-month-long slide that initially commenced in April, back when the...
The EURCHF pair has been experiencing a persistent downward trend in its price movement recently, with a notable attempt to breach the support level (S1) at 0.9633. Traders and analysts have closely monitored these developments, observing multiple...
H4 Trading Chat On GBPUSD: Let's look at the chart of the H4 period - the GBPUSD currency pair. The wave structure here began to build its order downward, the MACD indicator is in the lower sell zone. If you overlay the target Fibonacci grid on the...
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...