The daily chart of the USDCHF currency pair shows a sharp decline, indicating a significant change in the overall trend structure of the currency pair. After several months of showing range-bound activity and price fluctuations between resistance at...
GBPUSD Analysis H4 Timeframe In the H4 timeframe, the GBPUSD pair has demonstrated strong upward momentum, climbing from a support area close to 1. 2750 to trade around 1. 3250 at present. This swift rise features a pattern of higher highs and...
The AUDUSD currency pair is the focus today, specifically looking at the D1 chart for Tuesday. In the past trading week, the price fluctuated in various directions. Currently, a downward wave structure is forming, and the MACD indicator indicates...
The EUR/USD currency pair is presently trading at approximately $ 1. 1381, showing a steady upward trend after bouncing off the Fibonacci retracement level of 0. 236 at $ 1. 1341. This recovery highlights the strength of the euro, backed by a...
Trend Structure Overview Looking at the 4-hour chart of AUDJPY, we can see that the market is currently trying to recover from the sharp decline seen in late March. The decline saw the currency pair fall from around 93.30 to a very low of 88.40. The...
