GBP/USD Technical Analysis Before attempting a decline, the price can reach the monthly pivot level of 1.2760. This month's trading began to trade within two downward channels: the red channel, representing the previous month's downward trend, and...
ICHIMOKU CLOUD Ichimoku Cloud: A Comprehensive Guide The Ichimoku Cloud is a powerful technical analysis tool used to gauge support and resistance levels, momentum, and trend direction. Developed by Goichi Hosoda, a Japanese journalist, this...
USD/CHF H-1 Hello colleagues! We are considering the currency pair US Dollar/Swiss Franc. After analyzing the graph, I conclude I disagree with you. The RSI indicator is overbought and trending down. MACD has also slowed and is likely to reverse. So...
Have a successful trading day! We feel bored in trading NZD/USD as there is no particular movement. Yesterday, we didn't see a volatile market. So, the price of NZD/USD was trading around the support zone of 0.6017. Today, the US zone may bring...
USD/CHF ANALYSIS 11 JUNE 2024 Observing the price movement of the USDCHF pair, it currently appears to be trying to pass the pivot point (PP) 0.8960 after failing to continue its decline lower towards support (S1) 0.8881. Only the price that is...