In the context of the USD/CHF pair on the daily chart, it appears that we might see distinct movements in opposite directions. It’s not uncommon for currency pairs to behave differently, and I believe we are about to witness such a scenario here. A...
Technical Analysisound Sterling oscillates inside Friday’s range The Pound Sterling steadies against its major peers on Monday amid uncertainty ahead of UK employment and inflation data. BoE Governor Bailey could hint at fresh cues about the...
In analyzing the daily chart for the US Dollar/Canadian Dollar (USD/CAD) pair, I observe a clear and significant support zone located between the digital marks of 1.3975 and 1.3863. I believe this zone is crucial for understanding the potential...
Comprehensive Analysis of USD/JPY Trading The current trading scenario for the USD/JPY currency pair indicates a bearish outlook. Recently, the USD/JPY has fallen below the support level of 152.30, continuing its downward movement towards the next...
On the H1 timeframe, it is evident that sellers are dominating over buyers in the USDCHF currency pair. The price is positioned below the moving average, indicating the strength of the bears in this market. Confirmation for selling positions can be...