In the current market environment, technical analysis plays a critical role in understanding price movements and making informed trading decisions. The analysis focuses on specific price levels that indicate potential turning points in market...
GBP/JPY TECHNICAL ANALYSIS: On the GBP/JPY H1 time frame, the GBP/JPY currency pair has exhibited a robust upward trend over the past few days. The price action has consistently moved higher, reflecting strong bullish sentiment in the market. As of...
The USD/CHF pair exhibited a resilient performance during the first half of the European session on Friday, reversing intraday losses to reach the psychological 0.8500 level. While the pair remained below the 50-day simple moving average (SMA), the...
EURUSD Friday's day on our EURUSD currency pair closed with a bearish candle. The four-hour chart shows that the price flew out of the upper channel border, setting a maximum at 1.1215. After that, the upward trend changed to a downward one and the...
USD/CHF Price Study We will be exploring the analysis of the USD/CHF currency pair's price fluctuations. The opening price of the USDCHF market today is 0.8455. The daily open and the movement's closest resistance, 0.8480, remain in play. The EMA...